Austal Limited
ASB.AX
#4853
Rank
โ‚น117.06 B
Marketcap
โ‚น277.94
Share price
-0.59%
Change (1 day)
125.22%
Change (1 year)

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

P/E ratio at the end of 2023: -55.3

According to Austal Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -128.967. At the end of 2023 the company had a P/E ratio of -55.3.

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

PE ratio at the end of each year

Year P/E ratio Change
2023-55.3-873.44%
20227.16-3.12%
20217.39-32.87%
202011.0-33.55%
201916.624.1%
201813.3-59.36%
201732.8-918.7%
2016-4.01-144.34%
20159.040.57%
20148.99142.66%
20133.71-76.54%
201215.820.46%
201113.169.61%
20107.73-80.91%
200940.5567.7%
20086.06-44.32%
200710.92.72%
200610.640.93%
20057.52-28.52%
200410.5-226.27%
2003-8.34-192.79%
20028.99-30.27%
200112.9

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.