Ascom Holding
ASCN.SW
#8598
Rank
NZ$0.23 B
Marketcap
$6.59
Share price
2.71%
Change (1 day)
-51.69%
Change (1 year)

P/E ratio for Ascom Holding (ASCN.SW)

P/E ratio at the end of 2023: 17.4

According to Ascom Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.85392. At the end of 2023 the company had a P/E ratio of 17.4.

P/E ratio history for Ascom Holding from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.4-34.97%
202226.7-21.7%
202134.1-55.93%
202077.5-93.7%
2019> 10004400.98%
201827.3-33.57%
201741.2-951.02%
2016-4.84-117.59%
201527.561.59%
201417.013.28%
201315.0-1.55%
201215.37.42%
201114.2-19.52%
201017.61.45%
200917.4-61.21%
200844.8-458.61%
2007-12.5-126.62%
200647.0540.51%
20057.34-63.56%
200420.1-460.03%
2003-5.59

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.