Ackermans & Van Haaren
ACKB.BR
#2320
Rank
A$9.96 B
Marketcap
$298.44
Share price
0.11%
Change (1 day)
24.16%
Change (1 year)

P/E ratio for Ackermans & Van Haaren (ACKB.BR)

P/E ratio at the end of 2022: 7.50

According to Ackermans & Van Haaren's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.48119. At the end of 2022 the company had a P/E ratio of 7.50.

P/E ratio history for Ackermans & Van Haaren from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.50-42.5%
202113.0-16.73%
202015.738.82%
201911.3-19.63%
201814.0-1.14%
201714.2-28.55%
201619.928.86%
201515.410.74%
201413.986.92%
20137.45-27.03%
201210.214.78%
20118.90-13.18%
201010.2-7.52%
200911.138.44%
20088.0120.32%
20076.6520.53%
20065.5210.53%
20054.999910.99%
20040.0499

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.