Australian Ethical Investment Limited
AEF.AX
#7211
Rank
HK$2.67 B
Marketcap
HK$23.69
Share price
2.21%
Change (1 day)
10.30%
Change (1 year)

P/E ratio for Australian Ethical Investment Limited (AEF.AX)

P/E ratio at the end of 2023: 57.7

According to Australian Ethical Investment Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 77.4425. At the end of 2023 the company had a P/E ratio of 57.7.

P/E ratio history for Australian Ethical Investment Limited from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202357.74.18%
202255.4-22.52%
202171.5-4.63%
202074.9171.16%
201927.67.22%
201825.8-14.65%
201730.218.9%
201625.4-4.53%
201526.6166.26%
20149.99-34.02%
201315.1-46.36%
201228.2208.63%
20119.15-48.2%
201017.719.3%
200914.86.87%
200813.9-27.84%
200719.213.99%
200616.81.62%
200516.6-29.4%
200423.5-51%
200347.9

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.