Argan SA
ARG.PA
#4436
Rank
ยฃ1.44 B
Marketcap
ยฃ56.86
Share price
0.74%
Change (1 day)
-3.62%
Change (1 year)

P/E ratio for Argan SA (ARG.PA)

P/E ratio at the end of 2022: 18.3

According to Argan SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5695. At the end of 2022 the company had a P/E ratio of 18.3.

P/E ratio history for Argan SA from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202218.3385.34%
20213.78-36.14%
20205.92-2.84%
20196.0931.06%
20184.65-19.52%
20175.7750.01%
20163.85-34.03%
20155.83-3.95%
20146.079.82%
20135.538.16%
20125.11-14.17%
20115.96123.42%
20102.67-189.2%
2009-2.99

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.