Akelius Residential Property
AKEL-D.ST
#1645
Rank
โ‚น879.40 B
Marketcap
โ‚น145.12
Share price
-0.12%
Change (1 day)
-1.31%
Change (1 year)

P/E ratio for Akelius Residential Property (AKEL-D.ST)

P/E ratio as of November 2024 (TTM): -47.1

According to Akelius Residential Property's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -47.1346. At the end of 2023 the company had a P/E ratio of -38.3.

P/E ratio history for Akelius Residential Property from 2020 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-38.3127.93%
2022-16.8-749.74%
20212.58-94.99%
202051.5209.76%
201916.6

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.