P/E ratio for Per Aarsleff Holding A/S B (PAAL-B.CO)
P/E ratio as of May 2024 (TTM): 8.90
According to Per Aarsleff Holding A/S B's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.90082. At the end of 2023 the company had a P/E ratio of 7.90.
P/E ratio history for Per Aarsleff Holding A/S B from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.90 | -1.11% |
| 2022 | 7.99 | -27.7% |
| 2021 | 11.0 | -22.53% |
| 2020 | 14.3 | 14.62% |
| 2019 | 12.4 | -15.11% |
| 2018 | 14.7 | 4.27% |
| 2017 | 14.1 | 32.1% |
| 2016 | 10.6 | -16.06% |
| 2015 | 12.7 | 59.72% |
| 2014 | 7.94 | -14.05% |
| 2013 | 9.23 | 28.91% |
| 2012 | 7.16 | -10.69% |
| 2011 | 8.02 | -51.88% |
| 2010 | 16.7 | 118.04% |
| 2009 | 7.64 | 55.63% |
| 2008 | 4.91 | -55.26% |
| 2007 | 11.0 | -2.21% |
| 2006 | 11.2 | -28.44% |
| 2005 | 15.7 | 27.71% |
| 2004 | 12.3 |
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.