P/E ratio for Ascom Holding (ASCN.SW)
P/E ratio at the end of 2023: 16.3
According to Ascom Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.97285. At the end of 2023 the company had a P/E ratio of 16.3.
P/E ratio history for Ascom Holding from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 16.3 | -34.97% |
| 2022 | 25.1 | -21.7% |
| 2021 | 32.0 | -55.93% |
| 2020 | 72.6 | -93.7% |
| 2019 | > 1000 | 4400.98% |
| 2018 | 25.6 | -33.57% |
| 2017 | 38.6 | -951.02% |
| 2016 | -4.53 | -117.59% |
| 2015 | 25.8 | 61.59% |
| 2014 | 15.9 | 13.28% |
| 2013 | 14.1 | -1.55% |
| 2012 | 14.3 | 7.42% |
| 2011 | 13.3 | -19.52% |
| 2010 | 16.5 | 1.45% |
| 2009 | 16.3 | -61.21% |
| 2008 | 42.0 | -458.61% |
| 2007 | -11.7 | -126.62% |
| 2006 | 44.0 | 540.51% |
| 2005 | 6.87 | -63.56% |
| 2004 | 18.9 | -460.03% |
| 2003 | -5.24 |
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.