According to Amalgamated Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.19322. At the end of 2022 the company had a P/E ratio of 8.69.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.69 | -12.38% |
2021 | 9.92 | 6.16% |
2020 | 9.35 | -28.88% |
2019 | 13.1 | -2.88% |
2018 | 13.5 |
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.