According to Atlas Arteria's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.3026. At the end of 2021 the company had a P/E ratio of 59.5.
Year | P/E ratio | Change |
---|---|---|
2021 | 59.5 | -140.35% |
2020 | -147 | -83.08% |
2019 | -871 | -939.43% |
2018 | 104 | 954.59% |
2017 | 9.84 | -43.34% |
2016 | 17.4 | -52.21% |
2015 | 36.3 | -188.9% |
2014 | -40.9 | -3752.45% |
2013 | 1.12 | -117.08% |
2012 | -6.55 | 193.57% |
2011 | -2.23 | -55.5% |
2010 | -5.02 |
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.