Ashmore Group
ASHM.L
#4889
Rank
HK$10.83 B
Marketcap
HK$16.26
Share price
8.24%
Change (1 day)
-18.19%
Change (1 year)

P/E ratio for Ashmore Group (ASHM.L)

P/E ratio at the end of 2022: 17.7

According to Ashmore Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1243.51. At the end of 2022 the company had a P/E ratio of 17.7.

P/E ratio history for Ashmore Group from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202217.779.4%
20219.88-39.46%
202016.3-18.52%
201920.024.03%
201816.114.93%
201714.00.21%
201614.016.6%
201512.0-16.34%
201414.448.82%
20139.65-9.77%
201210.7-6.47%
201111.429.84%
20108.810.07%
20098.8038.53%
20086.36-49.47%
200712.6

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.