Andritz
AZ2.F
#2691
Rank
S$6.74 B
Marketcap
$67.68
Share price
-0.13%
Change (1 day)
-13.85%
Change (1 year)

P/E ratio for Andritz (AZ2.F)

P/E ratio as of December 2024 (TTM): 9.90

According to Andritz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.89709. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for Andritz from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0-6.32%
202113.9-22.85%
202018.0-41.39%
201930.768.72%
201818.2-0.58%
201718.33.82%
201617.61.79%
201517.3-22.09%
201422.2-68.63%
201370.8232.47%
201221.349.58%
201114.2-27.98%
201019.8-6.28%
200921.1

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.