Austal Limited
ASB.AX
#5943
Rank
S$1.05 B
Marketcap
$2.90
Share price
-2.35%
Change (1 day)
79.41%
Change (1 year)

P/E ratio for Austal Limited (ASB.AX)

P/E ratio at the end of 2023: -60.8

According to Austal Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -86.1582. At the end of 2023 the company had a P/E ratio of -60.8.

P/E ratio history for Austal Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-60.8-873.44%
20227.86-3.12%
20218.12-32.87%
202012.1-33.55%
201918.224.1%
201814.7-59.36%
201736.1-918.7%
2016-4.41-144.34%
20159.940.57%
20149.88142.66%
20134.07-76.54%
201217.420.46%
201114.469.61%
20108.50-80.91%
200944.5567.7%
20086.67-44.32%
200712.02.72%
200611.740.93%
20058.27-28.52%
200411.6-226.27%
2003-9.16-192.79%
20029.88-30.27%
200114.2

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.