Alfa Financial Software
ALFA.L
#5812
Rank
HK$6.56 B
Marketcap
HK$21.70
Share price
-2.97%
Change (1 day)
45.83%
Change (1 year)

P/E ratio for Alfa Financial Software (ALFA.L)

P/E ratio at the end of 2023: 17.8

According to Alfa Financial Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2739.59. At the end of 2023 the company had a P/E ratio of 17.8.

P/E ratio history for Alfa Financial Software from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.8-17.41%
202221.5-24.8%
202128.659.68%
202017.9-46.51%
201933.573.37%
201819.3-65.62%
201756.2

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.