AIA Engineering
AIAENG.NS
#3175
Rank
NZ$6.45 B
Marketcap
$69.21
Share price
-2.38%
Change (1 day)
-5.71%
Change (1 year)

P/E ratio for AIA Engineering (AIAENG.NS)

P/E ratio as of November 2024 (TTM): 25.9

According to AIA Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.8513. At the end of 2018 the company had a P/E ratio of 31.2.

P/E ratio history for AIA Engineering from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201831.2-12.59%
201735.742.32%
201625.1

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.