Axactor ASA
ACR.OL
#8818
Rank
S$0.11 B
Marketcap
$0.40
Share price
3.12%
Change (1 day)
-36.60%
Change (1 year)

P/E ratio for Axactor ASA (ACR.OL)

P/E ratio as of November 2024 (TTM): 46.1

According to Axactor ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.0828. At the end of 2012 the company had a P/E ratio of -4.10.

P/E ratio history for Axactor ASA from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2012-4.1012.37%
2011-3.65

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.