Aspen Group
APZ.AX
#6689
Rank
S$1.00 B
Marketcap
S$4.41
Share price
0.62%
Change (1 day)
37.13%
Change (1 year)

P/E ratio for Aspen Group (APZ.AX)

P/E ratio at the end of 2024: 6.68

According to Aspen Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3138. At the end of 2024 the company had a P/E ratio of 6.68.

P/E ratio history for Aspen Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20246.6822.62%
20235.44113.06%
20222.56-45.25%
20214.67-32.04%
20206.87-194.41%
2019-7.27-112.44%
201858.5-51.98%
20171221867.95%
20166.19-342.25%
2015-2.55318.26%
2014-0.6107-66.05%
2013-1.80232.32%
2012-0.5413-118.02%
20113.00-38.85%
20104.91-1511.1%
2009-0.3481-145.71%
20080.7617-41.08%
20071.2910.27%
20061.17-38.74%
20051.91
20032.79-448.2%
2002-0.80101239.61%
2001-0.0598

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.