Aksa Energy
AKSEN.IS
#5109
Rank
ยฃ1.00 B
Marketcap
ยฃ0.82
Share price
2.77%
Change (1 day)
4.16%
Change (1 year)

P/E ratio for Aksa Energy (AKSEN.IS)

P/E ratio as of December 2024 (TTM): 5.77

According to Aksa Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.76919. At the end of 2022 the company had a P/E ratio of 12.6.

P/E ratio history for Aksa Energy from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.673.33%
20217.29-25.05%
20209.7336.97%
20197.10-88.65%
201862.6777.06%
20177.13-210%
2016-6.48-8.61%
2015-7.09-115.57%
201445.6-483.83%
2013-11.9-198.51%
201212.0-190.88%
2011-13.3

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.