Austal Limited
ASB.AX
#6167
Rank
$0.68 B
Marketcap
$1.90
Share price
0.00%
Change (1 day)
62.22%
Change (1 year)

P/E ratio for Austal Limited (ASB.AX)

P/E ratio at the end of 2023: -92.2

According to Austal Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -75.1917. At the end of 2023 the company had a P/E ratio of -92.2.

P/E ratio history for Austal Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-92.2-873.44%
202211.9-3.12%
202112.3-32.87%
202018.3-33.55%
201927.624.1%
201822.2-59.36%
201754.7-918.7%
2016-6.68-144.34%
201515.10.57%
201415.0142.66%
20136.18-76.54%
201226.320.46%
201121.869.61%
201012.9-80.91%
200967.5567.7%
200810.1-44.32%
200718.22.72%
200617.740.93%
200512.5-28.52%
200417.5-226.27%
2003-13.9-192.79%
200215.0-30.27%
200121.5

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.