Aker Solutions ASA
AKSO.OL
#4391
Rank
A$2.86 B
Marketcap
$5.98
Share price
1.18%
Change (1 day)
-11.93%
Change (1 year)

P/E ratio for Aker Solutions ASA (AKSO.OL)

P/E ratio as of September 2024 (TTM): 133

According to Aker Solutions ASA 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 133.244. At the end of 2015 the company had a P/E ratio of 15.4.

P/E ratio history for Aker Solutions ASA from 2014 to 2016

PE ratio at the end of each year

Year P/E ratio Change
201515.4187.87%
20145.34

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.