According to Avingtrans's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 26.7.
Year | P/E ratio | Change |
---|---|---|
2023 | 26.7 | 11.76% |
2022 | 23.9 | 551.39% |
2021 | 3.67 | -93.26% |
2020 | 54.5 | 98.98% |
2019 | 27.4 | -318.73% |
2018 | -12.5 | -93.12% |
2017 | -182 | -13214.13% |
2016 | 1.39 | -90.37% |
2015 | 14.4 | 23.7% |
2014 | 11.6 | 237.7% |
2013 | 3.45 | -77.58% |
2012 | 15.4 | 56.54% |
2011 | 9.82 | -19.51% |
2010 | 12.2 | 122.44% |
2009 | 5.49 | -15.64% |
2008 | 6.50 | -92.61% |
2007 | 88.0 | 1261.19% |
2006 | 6.46 | -14.51% |
2005 | 7.56 | -52.2% |
2004 | 15.8 | 107.4% |
2003 | 7.63 | -193.74% |
2002 | -8.14 | 336.13% |
2001 | -1.87 |
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.