P/E ratio for ALAFCO Aviation Lease and Finance Company (ALAFCO.KW)
P/E ratio as of May 2024 (TTM): < -1000
According to ALAFCO Aviation Lease and Finance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6610.33. At the end of 2022 the company had a P/E ratio of < -1000.
P/E ratio history for ALAFCO Aviation Lease and Finance Company from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | < -1000 | -68.11% |
| 2021 | < -1000 | -41.64% |
| 2020 | < -1000 | -207.86% |
| 2019 | > 1000 | 54.79% |
| 2018 | > 1000 | -12.61% |
| 2017 | > 1000 | -23.13% |
| 2016 | > 1000 | 25.17% |
| 2015 | > 1000 | -9.22% |
| 2014 | > 1000 | 18.32% |
| 2013 | > 1000 | 8.37% |
| 2012 | > 1000 | 91.17% |
| 2011 | > 1000 | -69.26% |
| 2010 | > 1000 | 64.05% |
| 2009 | > 1000 | 8.65% |
| 2008 | > 1000 | -18.91% |
| 2007 | > 1000 | -60.35% |
| 2006 | > 1000 |
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.