Arctic Fish Holding
AFISH.OL
#7996
Rank
C$0.28 B
Marketcap
$8.80
Share price
1.46%
Change (1 day)
-0.77%
Change (1 year)
Categories

P/E ratio for Arctic Fish Holding (AFISH.OL)

P/E ratio as of November 2024 (TTM): -128

According to Arctic Fish Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -128.214. At the end of 2022 the company had a P/E ratio of 51.7.

P/E ratio history for Arctic Fish Holding from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202251.7188.52%
202117.9

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.