Austin Engineering
ANG.AX
#7857
Rank
NZ$0.37 B
Marketcap
$0.60
Share price
8.00%
Change (1 day)
101.27%
Change (1 year)

P/E ratio for Austin Engineering (ANG.AX)

P/E ratio at the end of 2023: 54.9

According to Austin Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 108.69. At the end of 2023 the company had a P/E ratio of 54.9.

P/E ratio history for Austin Engineering from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202354.9604.33%
20227.79-105.51%
2021-141-1192.86%
202012.9-158.83%
2019-22.0121.12%
2018-9.95160.26%
2017-3.821072.82%
2016-0.3259-62.36%
2015-0.8657-100.76%
20141141576.16%
20136.82-14.35%
20127.96-31.44%
201111.63.78%
201011.2136.44%
20094.73-31.33%
20086.89-48.96%
200713.5280.63%
20063.55-60.87%
20059.06-49.23%
200417.9

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.