Austal Limited
ASB.AX
#5344
Rank
HK$8.50 B
Marketcap
HK$20.44
Share price
1.96%
Change (1 day)
65.33%
Change (1 year)

P/E ratio for Austal Limited (ASB.AX)

P/E ratio at the end of 2023: -57.6

According to Austal Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -104.47. At the end of 2023 the company had a P/E ratio of -57.6.

P/E ratio history for Austal Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-57.6-873.44%
20227.45-3.12%
20217.69-32.87%
202011.5-33.55%
201917.224.1%
201813.9-59.36%
201734.2-918.7%
2016-4.18-144.34%
20159.420.57%
20149.36142.66%
20133.86-76.54%
201216.420.46%
201113.769.61%
20108.05-80.91%
200942.2567.7%
20086.31-44.32%
200711.32.72%
200611.040.93%
20057.83-28.52%
200411.0-226.27%
2003-8.68-192.79%
20029.36-30.27%
200113.4

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.