P/E ratio for Avacta Group (AVCT.L)
P/E ratio at the end of 2022: -7.77
According to Avacta Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -295.366. At the end of 2022 the company had a P/E ratio of -7.77.
P/E ratio history for Avacta Group from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.77 | -30.16% |
| 2021 | -11.1 | -9.47% |
| 2020 | -12.3 | 292.9% |
| 2019 | -3.13 | 71.5% |
| 2018 | -1.82 | -78.09% |
| 2017 | -8.32 | -30.63% |
| 2016 | -12.0 | 109.69% |
| 2015 | -5.72 | -70.97% |
| 2014 | -19.7 | 41.34% |
| 2013 | -13.9 | -8.3% |
| 2012 | -15.2 | -21.41% |
| 2011 | -19.3 | 373.16% |
| 2010 | -4.09 | 1.39% |
| 2009 | -4.03 | -71.38% |
| 2008 | -14.1 | -28.81% |
| 2007 | -19.8 | 474.63% |
| 2006 | -3.44 | 104.27% |
| 2005 | -1.69 | -87.65% |
| 2004 | -13.7 |
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.