AMCON Distributing Company
DIT
#8918
Rank
โ‚น7.17 B
Marketcap
โ‚น11,120
Share price
8.91%
Change (1 day)
-25.16%
Change (1 year)

P/E ratio for AMCON Distributing Company (DIT)

P/E ratio as of November 2024 (TTM): 7.94

According to AMCON Distributing Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.94334. At the end of 2013 the company had a P/E ratio of 9.53.

P/E ratio history for AMCON Distributing Company from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20139.53

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.