According to Addtech AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.7755. At the end of 2022 the company had a P/E ratio of 29.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 29.2 | -53.43% |
2021 | 62.6 | 66.57% |
2020 | 37.6 | 43.89% |
2019 | 26.1 | 50.89% |
2018 | 17.3 | -27.67% |
2017 | 23.9 | 397.98% |
2016 | 4.81 | -78.2% |
2015 | 22.0 | 30.78% |
2014 | 16.9 | -12.31% |
2013 | 19.2 | 69.49% |
2012 | 11.3 | 12.26% |
2011 | 10.1 | -40.77% |
2010 | 17.1 |
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.