Arko
ARKO
#5945
Rank
NZ$1.38 B
Marketcap
$11.97
Share price
-0.88%
Change (1 day)
-6.97%
Change (1 year)

P/E ratio for Arko (ARKO)

P/E ratio as of December 2024 (TTM): 18.4

According to Arko's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4054. At the end of 2022 the company had a P/E ratio of 16.3.

P/E ratio history for Arko from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.3-21.75%
202120.9-62.06%
202055.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.8 78.25%๐Ÿ‡บ๐Ÿ‡ธ USA

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.