Alpha Group International
ALPH.L
#5206
Rank
C$1.68 B
Marketcap
$39.87
Share price
0.44%
Change (1 day)
33.31%
Change (1 year)

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

P/E ratio at the end of 2021: 36.8

According to Alpha Group International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3677.19. At the end of 2021 the company had a P/E ratio of 36.8.

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
202136.8-5.26%
202038.9-12.92%
201944.669.22%
201826.4-19.62%
201732.8

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.