Delta Plus Group
ALDLT.PA
#6687
Rank
โ‚น40.92 B
Marketcap
โ‚น5,624
Share price
-1.58%
Change (1 day)
-6.52%
Change (1 year)

P/E ratio for Delta Plus Group (ALDLT.PA)

P/E ratio at the end of 2023: 14.4

According to Delta Plus Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.3713. At the end of 2023 the company had a P/E ratio of 14.4.

P/E ratio history for Delta Plus Group from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202314.4-7.36%
202215.5-22.06%
202119.931.82%
202015.120.36%
201912.619.8%
201810.5-32.26%
201715.5151.17%
20166.16-49.91%
201512.385.12%
20146.647.06%
20136.2030.2%
20124.76-8.03%
20115.18-41.7%
20108.89-48.54%
200917.3

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.