Aspen Group
APZ.AX
#6573
Rank
โ‚น73.41 B
Marketcap
โ‚น322.49
Share price
0.64%
Change (1 day)
75.24%
Change (1 year)

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

P/E ratio at the end of 2024: 6.89

According to Aspen Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0114. At the end of 2024 the company had a P/E ratio of 6.89.

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

PE ratio at the end of each year

Year P/E ratio Change
20246.8922.62%
20235.62113.06%
20222.64-45.25%
20214.82-32.04%
20207.09-194.41%
2019-7.51-112.44%
201860.4-51.98%
20171261867.95%
20166.39-342.25%
2015-2.64318.26%
2014-0.6306-66.05%
2013-1.86232.32%
2012-0.5589-118.02%
20113.10-38.85%
20105.07-1511.1%
2009-0.3594-145.71%
20080.7864-41.08%
20071.3310.27%
20061.21-38.74%
20051.98
20032.88-448.2%
2002-0.82701239.61%
2001-0.0617

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.