Avax S.A.
AVAX.AT
#7419
Rank
A$0.53 B
Marketcap
$3.61
Share price
-1.18%
Change (1 day)
35.23%
Change (1 year)

P/E ratio for Avax S.A. (AVAX.AT)

P/E ratio at the end of 2023: 25.7

According to Avax S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.9439. At the end of 2023 the company had a P/E ratio of 25.7.

P/E ratio history for Avax S.A. from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202325.7783.02%
20222.91-128.9%
2021-10.1-171.53%
202014.1-1393.57%
2019-1.091.04%
2018-1.08-79.25%
2017-5.19613.46%
2016-0.72738.92%
2015-0.6677-40.36%
2014-1.12

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.