ARB Corporation Limited
ARB.AX
#4528
Rank
โ‚ฌ1.47 B
Marketcap
17,76ย โ‚ฌ
Share price
2.03%
Change (1 day)
-24.80%
Change (1 year)

P/E ratio for ARB Corporation Limited (ARB.AX)

P/E ratio at the end of 2023: 25.5

According to ARB Corporation Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.3292. At the end of 2023 the company had a P/E ratio of 25.5.

P/E ratio history for ARB Corporation Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202325.542.12%
202218.0-32.18%
202126.519.32%
202022.2-5.11%
201923.4-23.85%
201830.742.88%
201721.5-9.25%
201623.726.28%
201518.834.59%
201413.93.33%
201313.525.93%
201210.723.39%
20118.68-9.63%
20109.6116.32%
20098.26-5.28%
20088.72-36.55%
200713.719.57%
200611.5-3.23%
200511.9-31.69%
200417.418.19%
200314.7-41.68%
200225.231.73%
200119.1

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.