According to Austevoll Seafood 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1675. At the end of 2022 the company had a P/E ratio of 7.12.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.12 | -34.27% |
2021 | 10.8 | -69.85% |
2020 | 35.9 | 148.66% |
2019 | 14.5 | 147.24% |
2018 | 5.85 | -57.09% |
2017 | 13.6 | 32.89% |
2016 | 10.3 | -31.85% |
2015 | 15.0 | -10.72% |
2014 | 16.8 | 47.12% |
2013 | 11.5 | -18.14% |
2012 | 14.0 | 21.24% |
2011 | 11.5 | 40.28% |
2010 | 8.23 | -12.73% |
2009 | 9.43 |
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.