P/E ratio for Ampol (ALD.AX)
P/E ratio at the end of 2021: 10.4
According to Ampol's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.84964. At the end of 2021 the company had a P/E ratio of 10.4.
P/E ratio history for Ampol from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.4 | -191.1% |
| 2020 | -11.4 | -159.03% |
| 2019 | 19.4 | 94.07% |
| 2018 | 9.98 | -9.56% |
| 2017 | 11.0 | 0.78% |
| 2016 | 10.9 | -32.7% |
| 2015 | 16.3 | -95.21% |
| 2014 | 340 | 4914.65% |
| 2013 | 6.78 | -87.19% |
| 2012 | 52.9 | -2120.93% |
| 2011 | -2.62 | -136% |
| 2010 | 7.27 | 38.2% |
| 2009 | 5.26 | -88.86% |
| 2008 | 47.2 | 748.45% |
| 2007 | 5.57 | -44.95% |
| 2006 | 10.1 | 46.83% |
| 2005 | 6.88 | 45.05% |
| 2004 | 4.75 | -17.92% |
| 2003 | 5.78 | 136.54% |
| 2002 | 2.44 | -228.36% |
| 2001 | -1.90 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.