P/E ratio for Asia Commercial Joint Stock Bank (ACB.VN)
P/E ratio as of April 2025 (TTM): 6.28
According to Asia Commercial Joint Stock Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.27788. At the end of 2023 the company had a P/E ratio of 5.84.
P/E ratio history for Asia Commercial Joint Stock Bank from 2013 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 5.84 | 6.92% |
| 2022 | 5.46 | -43.62% |
| 2021 | 9.69 | 22.33% |
| 2020 | 7.92 | 26.1% |
| 2019 | 6.28 | 11.82% |
| 2018 | 5.62 | -48.65% |
| 2017 | 10.9 | 71.79% |
| 2016 | 6.37 | -20.68% |
| 2015 | 8.03 | 25.97% |
| 2014 | 6.37 | -17.15% |
| 2013 | 7.69 | -30.37% |
| 2012 | 11.0 | 292.63% |
| 2011 | 2.81 | -24.59% |
| 2010 | 3.73 | -75.45% |
| 2009 | 15.2 |
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.