P/E ratio for Argan (AGX)
P/E ratio as of April 2025 (TTM): 55.0
According to Argan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.997. At the end of 2022 the company had a P/E ratio of 24.6.
P/E ratio history for Argan from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.6 | 84.29% |
| 2021 | 13.3 | -86.51% |
| 2020 | 98.9 | -696.06% |
| 2019 | -16.6 | -272.27% |
| 2018 | 9.63 | 18.11% |
| 2017 | 8.15 | -56.32% |
| 2016 | 18.7 | 39.4% |
| 2015 | 13.4 | -7.27% |
| 2014 | 14.4 | 40.4% |
| 2013 | 10.3 | -11.45% |
| 2012 | 11.6 | -68.7% |
| 2011 | 37.1 | 84.09% |
| 2010 | 20.2 | 33.04% |
| 2009 | 15.1 | -49.97% |
| 2008 | 30.3 | -147.99% |
| 2007 | -63.1 | 1883.07% |
| 2006 | -3.18 | 92.47% |
| 2005 | -1.65 | -61.16% |
| 2004 | -4.26 | -88.91% |
| 2003 | -38.4 | 898.11% |
| 2002 | -3.85 | -96.8% |
| 2001 | -120 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -34.9 | -163.43% | 🇺🇸 USA |
 | -31.6 | -157.40% | 🇺🇸 USA |
 | 21.1 | -61.59% | 🇺🇸 USA |
 | 24.6 | -55.28% | 🇺🇸 USA |
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.