Acrow Limited
ACF.AX
#8125
Rank
C$0.28 B
Marketcap
$0.92
Share price
-3.72%
Change (1 day)
-9.31%
Change (1 year)

P/E ratio for Acrow Limited (ACF.AX)

P/E ratio at the end of 2023: 8.37

According to Acrow Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1911. At the end of 2023 the company had a P/E ratio of 8.37.

P/E ratio history for Acrow Limited from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.3713.64%
20227.37-57.5%
202117.3-8.51%
202018.981.23%
201910.5703.12%
20181.30-152.05%
2017-2.50-916.47%
20160.3063-103.19%
2015-9.61-6182.47%
20140.1579-767.17%
2013-0.0237-99.45%
2012-4.34-31.41%
2011-6.33-45.77%
2010-11.785.63%
2009-6.28

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.