A2Z Smart Technologies
AZ
#8285
Rank
โ‚น14.39 B
Marketcap
โ‚น552.13
Share price
-1.06%
Change (1 day)
101.79%
Change (1 year)

P/E ratio for A2Z Smart Technologies (AZ)

P/E ratio as of December 2024 (TTM): -8.47

According to A2Z Smart Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.46753. At the end of 2022 the company had a P/E ratio of -4.74.

P/E ratio history for A2Z Smart Technologies from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.74-69.2%
2021-15.456.45%
2020-9.83

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.