Acrow Limited
ACF.AX
#7834
Rank
โ‚น18.26 B
Marketcap
โ‚น59.90
Share price
0.93%
Change (1 day)
28.42%
Change (1 year)

P/E ratio for Acrow Limited (ACF.AX)

P/E ratio at the end of 2023: 8.63

According to Acrow Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9699. At the end of 2023 the company had a P/E ratio of 8.63.

P/E ratio history for Acrow Limited from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.6313.64%
20227.60-57.5%
202117.9-8.51%
202019.581.23%
201910.8703.12%
20181.34-152.05%
2017-2.58-916.47%
20160.3160-103.19%
2015-9.91-6182.47%
20140.1629-767.17%
2013-0.0244-99.45%
2012-4.48-31.41%
2011-6.53-45.77%
2010-12.085.63%
2009-6.48

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.