abrdn
ABDN.L
#3130
Rank
C$6.59 B
Marketcap
C$3.69
Share price
1.47%
Change (1 day)
46.47%
Change (1 year)

P/E ratio for abrdn (ABDN.L)

P/E ratio at the end of 2023: > 1000

According to abrdn's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of > 1000.

P/E ratio history for abrdn from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023> 1000-24142.52%
2022-7.63-253.44%
20214.98-31.5%
20207.26-75.56%
201929.7224.96%
20189.15-35.26%
201714.1-32.72%
201621.0320.3%
20155.00-68.47%
201415.810.29%
201314.454.73%
20129.29-30.02%
201113.340.85%
20109.42-45.55%
200917.3-55.82%
200839.2417.13%
20077.57-47.77%
200614.5

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.