Australian Foundation Investment Company
AFI.AX
#2451
Rank
โ‚ฌ4.97 B
Marketcap
3,97ย โ‚ฌ
Share price
-0.70%
Change (1 day)
-7.66%
Change (1 year)

P/E ratio for Australian Foundation Investment Company (AFI.AX)

P/E ratio at the end of 2023: 25.6

According to Australian Foundation Investment Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1713. At the end of 2023 the company had a P/E ratio of 25.6.

P/E ratio history for Australian Foundation Investment Company from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202325.612.84%
202222.7-29.86%
202132.321.18%
202026.769.76%
201915.7-25.9%
201821.2-0.89%
201721.412.69%
201619.07.62%
201517.611.02%
201415.96.01%
201315.031.89%
201211.46.39%
201110.7-41.25%
201018.2-41.12%
200930.9330.06%
20087.18-50.09%
200714.4-10.45%
200616.1-19.08%
200519.8-7.11%
200421.4-11.97%
200324.3-5.7%
200225.720.77%
200121.3

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.