P/E ratio for XL Axiata (EXCL.JK)
P/E ratio as of April 2024 (TTM): 23.4
According to XL Axiata 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4286. At the end of 2022 the company had a P/E ratio of 20.7.
P/E ratio history for XL Axiata from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.7 | -21.2% |
| 2021 | 26.3 | -66.34% |
| 2020 | 78.0 | 65.9% |
| 2019 | 47.0 | -831.34% |
| 2018 | -6.43 | -107.6% |
| 2017 | 84.6 | 39.12% |
| 2016 | 60.8 | -105% |
| 2015 | < -1000 | 2275.81% |
| 2014 | -51.2 | -219.16% |
| 2013 | 43.0 | 144.28% |
| 2012 | 17.6 | 29.08% |
| 2011 | 13.6 | -12.57% |
| 2010 | 15.6 | 91.42% |
| 2009 | 8.14 | -101.71% |
| 2008 | -475 | -873.26% |
| 2007 | 61.4 | 143.07% |
| 2006 | 25.3 | -141.1% |
| 2005 | -61.5 |
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.