Current and historical daily PE Ratio for Ariadne Australia Ltd (
) from 1990 to May 26 2024. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The PE ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the PE ratio is positive. Also for stocks with the same PE ratio, the one with faster growth business is more attractive. Ariadne Australia stock (ADNOF) PE ratio as of May 26 2024 is 0.
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Ariadne Australia Ltd (ADNOF) PE Ratio (TTM) Chart
Ariadne Australia Ltd (ADNOF) PE Ratio (TTM) Historical Data
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Ariadne Australia Ltd (ADNOF) PE Ratio (TTM) Comparison
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Business Description
Business Description
Ariadne Australia Ltd
ISIN : AU000000ARA7
Description
Ariadne Australia Ltd is an investment company with operations in Australia and New Zealand. Its objective is to hold a portfolio of assets and investments to provide attractive investment returns which can generate regular dividends to shareholders and capital growth in the value of the shareholder's investments. It has two reportable segments. The investment division comprises the group's investments in securities. The property division includes all results derived from property and marina assets held by the group, either directly or through joint venture entities or joint venture operations.
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