Airtasker
ART.AX
#8778
Rank
HK$0.89 B
Marketcap
HK$1.97
Share price
6.58%
Change (1 day)
93.58%
Change (1 year)

P/E ratio for Airtasker (ART.AX)

P/E ratio at the end of 2023: -9.18

According to Airtasker's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.4551. At the end of 2023 the company had a P/E ratio of -9.18.

P/E ratio history for Airtasker from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-9.1814.15%
2022-8.04-82.96%
2021-47.2

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.