Ackermans & Van Haaren
ACKB.BR
#2038
Rank
โ‚น897.19 B
Marketcap
โ‚น27,410
Share price
0.72%
Change (1 day)
69.32%
Change (1 year)

P/E ratio for Ackermans & Van Haaren (ACKB.BR)

P/E ratio at the end of 2024: 15.1

According to Ackermans & Van Haaren's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3178. At the end of 2024 the company had a P/E ratio of 15.1.

P/E ratio history for Ackermans & Van Haaren from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202415.111.64%
202313.572.97%
20227.83-41.59%
202113.4-15.25%
202015.841.57%
201911.2-18.25%
201813.70.29%
201713.6-27.59%
201618.831.19%
201514.412.38%
201412.890.41%
20136.71-25.23%
20128.9718.1%
20117.59-11.29%
20108.56-1.72%
20098.7142.7%
20086.1122.76%
20074.9722.23%
20064.0712.81%
20053.6110094.46%
20040.0354

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.