Aspen Group
APZ.AX
#6445
Rank
โ‚ฌ0.67 B
Marketcap
2,94ย โ‚ฌ
Share price
6.56%
Change (1 day)
92.41%
Change (1 year)

P/E ratio for Aspen Group (APZ.AX)

P/E ratio at the end of 2024: 6.65

According to Aspen Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3468. At the end of 2024 the company had a P/E ratio of 6.65.

P/E ratio history for Aspen Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20246.6522.62%
20235.42113.06%
20222.55-45.25%
20214.65-32.04%
20206.84-194.41%
2019-7.25-112.44%
201858.2-51.98%
20171211867.95%
20166.16-342.25%
2015-2.54318.26%
2014-0.6084-66.05%
2013-1.79232.32%
2012-0.5392-118.02%
20112.99-38.85%
20104.89-1511.1%
2009-0.3468-145.71%
20080.7587-41.08%
20071.2910.27%
20061.17-38.74%
20051.91
20032.78-448.2%
2002-0.79781239.61%
2001-0.0596

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.