Air New Zealand
AIR.NZ
#5215
Rank
S$1.51 B
Marketcap
$0.45
Share price
0.88%
Change (1 day)
0.11%
Change (1 year)

P/E ratio for Air New Zealand (AIR.NZ)

P/E ratio at the end of 2023: 6.29

According to Air New Zealand 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.62562. At the end of 2023 the company had a P/E ratio of 6.29.

P/E ratio history for Air New Zealand from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20236.29-573.73%
2022-1.33-74.38%
2021-5.1878.97%
2020-2.90-129.55%
20199.8021.67%
20188.061.66%
20177.9390.57%
20164.16-44.89%
20157.5525.16%
20146.03-11.73%
20136.83-30.64%
20129.85-6.66%
201110.6-16.27%
201012.6-70.03%
200942.1928.89%
20084.09-57.56%
20079.63-16.38%
200611.5102.66%
20055.68-23%
20047.38-23.34%
20039.63-390.42%
2002-3.31546.6%
2001-0.5127

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.