Aselsan
ASELS.IS
#1830
Rank
NZ$15.30 B
Marketcap
$3.36
Share price
3.11%
Change (1 day)
29.93%
Change (1 year)

P/E ratio for Aselsan (ASELS.IS)

P/E ratio as of November 2024 (TTM): 8.89

According to Aselsan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.89301. At the end of 2022 the company had a P/E ratio of 7.86.

P/E ratio history for Aselsan from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.8683.48%
20214.28-39.46%
20207.0739.4%
20195.07-45.14%
20189.25-41.86%
201715.950.27%
201610.6-64.87%
201530.1170.62%
201411.1-9.81%
201312.38.22%
201211.447.48%
20117.7310.75%
20106.98

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.