Australian Agricultural Company
AAC.AX
#6323
Rank
S$0.74 B
Marketcap
$1.23
Share price
1.07%
Change (1 day)
7.20%
Change (1 year)

P/E ratio for Australian Agricultural Company (AAC.AX)

P/E ratio at the end of 2024: -8.68

According to Australian Agricultural Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.14041. At the end of 2024 the company had a P/E ratio of -8.68.

P/E ratio history for Australian Agricultural Company from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-8.68-104.35%
20231992663.2%
20227.21-53.8%
202115.6-25.12%
202020.9-583.11%
2019-4.32-36.61%
2018-6.81-154.48%
201712.523.06%
201610.2-88.61%
201589.2-760.76%
2014-13.5
2012-43.0-216.29%
201136.9-91.31%
2010425-5909.19%
2009-7.32-41.48%
2008-12.5-105.79%
2007216378.7%
200645.1108.26%
200521.792.59%
200411.24.85%
200310.793.77%
20025.54

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.