IT Link SA
ALITL.PA
#9618
Rank
NZ$82.38 M
Marketcap
$48.70
Share price
1.92%
Change (1 day)
-6.19%
Change (1 year)

P/E ratio for IT Link SA (ALITL.PA)

P/E ratio at the end of 2023: 13.1

According to IT Link SA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.322. At the end of 2023 the company had a P/E ratio of 13.1.

P/E ratio history for IT Link SA from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202313.16.29%
202212.3-10.53%
202113.848.49%
20209.293.1%
20199.0123.66%
20187.29-63.51%
201720.0131.48%
20168.63124.08%
20153.85-45.77%
20147.1024.19%
20135.72-301.13%
2012-2.84-182.88%
20113.43-20.72%
20104.33-153.21%
2009-8.13

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.