Alfa Financial Software
ALFA.L
#6242
Rank
HK$6.82 B
Marketcap
HK$23.04
Share price
1.65%
Change (1 day)
9.52%
Change (1 year)

P/E ratio for Alfa Financial Software (ALFA.L)

P/E ratio at the end of 2024: 26.9

According to Alfa Financial Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2710.13. At the end of 2024 the company had a P/E ratio of 26.9.

P/E ratio history for Alfa Financial Software from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202426.942.86%
202318.8-17.4%
202222.8-24.8%
202130.359.69%
202019.0-46.51%
201935.573.37%
201820.5-65.62%
201759.6

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.