AMAG Austria Metall
AM8.F
#5759
Rank
HK$6.77 B
Marketcap
HK$191.43
Share price
-0.85%
Change (1 day)
-16.90%
Change (1 year)
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P/E ratio for AMAG Austria Metall (AM8.F)

P/E ratio as of November 2024 (TTM): 7.77

According to AMAG Austria Metall's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.76559. At the end of 2018 the company had a P/E ratio of 25.0.

P/E ratio history for AMAG Austria Metall from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201825.0-12.15%
201728.412.87%
201625.2-5.15%
201526.567%
201415.917.99%
201313.517.27%
201211.581.88%
20116.31

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.