Alpha Group International
ALPH.L
#5196
Rank
A$1.96 B
Marketcap
$46.03
Share price
-0.87%
Change (1 day)
47.46%
Change (1 year)

P/E ratio for Alpha Group International (ALPH.L)

P/E ratio at the end of 2021: 36.2

According to Alpha Group International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3751.28. At the end of 2021 the company had a P/E ratio of 36.2.

P/E ratio history for Alpha Group International from 2017 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202136.2-5.26%
202038.2-12.92%
201943.869.22%
201825.9-19.62%
201732.2

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.