AVAX (ATH:AVAX) PE Ratio (TTM): 10.73 (As of Jun. 28, 2026) — Near Median


ATH:AVAX AVAX SA ATH:AVAX
64 GF Score
Price €3.44
GF Value €2.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is AVAX PE Ratio (TTM)?

AVAX ATH:AVAX +1.63% 64 PE Ratio (TTM) is 10.73 as of Jun. 28, 2026, which is 9% below its 10-year median of 11.81. GuruFocus rates ATH:AVAX with a GF Score™ of 64/100 and a GF Value™ of €2.93 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,319 Construction companies, AVAX ranks better than 69.22% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-28), AVAX's share price is €3.435. AVAX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.32. Therefore, AVAX's PE Ratio (TTM) for today is 10.73.


The historical rank and industry rank for AVAX's PE Ratio (TTM) or its related term are showing as below:

ATH:AVAX' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 2.91   Med: 11.81   Max: 30
Current: 10.73


During the past 12 years, the highest PE Ratio (TTM) of AVAX was 30.00. The lowest was 2.91. And the median was 11.81.


ATH:AVAX's PE Ratio (TTM) is ranked better than
69.22% of 1319 companies
in the Construction industry
Industry Median: 15.65 vs ATH:AVAX: 10.73

AVAX's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was €0.13. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.32.

As of today (2026-06-28), AVAX's share price is €3.435. AVAX's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.35. Therefore, AVAX's PE Ratio without NRI for today is 9.73.

During the past 12 years, AVAX's highest PE Ratio without NRI was 29.06. The lowest was 0.75. And the median was 8.56.

AVAX's EPS without NRI for the six months ended in Dec. 2025 was €0.13. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €0.35.

During the past 12 months, AVAX's average EPS without NRI Growth Rate was 19.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 77.00% per year. During the past 5 years, the average EPS without NRI Growth Rate was 17.50% per year.

During the past 12 years, AVAX's highest 3-Year average EPS without NRI Growth Rate was 77.00% per year. The lowest was -43.10% per year. And the median was 40.20% per year.

AVAX's EPS (Basic) for the six months ended in Dec. 2025 was €0.13. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.32.


AVAX  (ATH:AVAX) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


AVAX PE Ratio (TTM) Related Terms


AVAX PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for AVAX's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AVAX PE Ratio (TTM) Chart

AVAX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 2.88 26.20 7.51 9.28

AVAX Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.20 At Loss 7.51 At Loss 9.28

ATH:AVAX vs PWR, FIX, EME: PE Ratio (TTM) Comparison

For the Engineering & Construction subindustry, AVAX's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AVAX PE Ratio (TTM) vs Construction Industry

For the Construction industry and Industrials sector, AVAX's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where AVAX's PE Ratio (TTM) falls into.


ATH:AVAX
64GF Score
AVAX SA ATH:AVAX
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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AVAX PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

AVAX's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=3.435/0.320
=10.73

AVAX's Share Price of today is €3.435.
For company reported semi-annually, AVAX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.32.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 10.73 mean?
AVAX (ATH:AVAX) has a PE Ratio (TTM) of 10.73 as of Jun. 28, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on AVAX and its competitors. This is near median its historical median of 11.81. Over the past decade, AVAX's PE Ratio (TTM) has ranged from 2.91 to 30.00. According to the industry distribution chart, AVAX ranks #406 out of 1319 companies in the Construction industry, placing it in the top 30.8%.
Is AVAX's PE Ratio (TTM) too high?
AVAX's current PE Ratio (TTM) of 10.73 is near median its 10-year median of 11.81. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 30.00. The Construction industry median PE Ratio (TTM) is 15.65. AVAX's value of 10.73 is 31.4% below this industry median. Based on the distribution chart, AVAX ranks #406 out of 1319 companies in the Construction industry, which is above the industry midpoint. Overall, AVAX has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVAX's PE Ratio (TTM) compare to PWR and FIX?
According to the Construction industry distribution chart, AVAX ranks #406 out of 1319 companies for PE Ratio (TTM). This puts AVAX in the upper half of its industry. The industry median PE Ratio (TTM) is 15.65. AVAX's value of 10.73 is 31.4% below this benchmark. Historically, AVAX's own PE Ratio (TTM) has ranged from 2.91 to 30.00 over the past decade. While the company's 10-year median is 11.81 vs. the industry median of 15.65, AVAX has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Construction company?
The median PE Ratio (TTM) among Construction companies is 15.65, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AVAX's current PE Ratio (TTM) of 10.73 is 31.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on AVAX and its competitors. For the Construction industry, the median PE Ratio (TTM) is 15.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVAX's current PE Ratio (TTM) is 10.73, which is near median its own 10-year median of 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX stock overvalued right now?
Based on GuruFocus' analysis, AVAX (ATH:AVAX) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.93, compared to a current price of €3.44 — trading 17.2% above its estimated fair value. The current PE Ratio (TTM) is 10.73, which is near median its 10-year median of 11.81 and 31.4% below the Construction industry median of 15.65. AVAX's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For AVAX (ATH:AVAX), the current PE Ratio (TTM) is 10.73 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AVAX (ATH:AVAX) Overvalued in 2026?

Based on GuruFocus' analysis, AVAX stock appears to be overvalued. The current stock price of €3.44 is trading 17.2% above its estimated GF Value™ of €2.93. GuruFocus considers AVAX to be Modestly Overvalued.

Key valuation signals for ATH:AVAX:

  • PE Ratio (TTM): 10.73 (near median its 10-year median of 11.81)
  • GF Value™: €2.93 vs. price of €3.44 (17.2% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 31.4% below the Construction median (#406 of 1319)

No single metric tells the full story. See the ATH:AVAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AVAX Business Description

Other Exchanges 0DO2:UKIJ6:Germany
Address 16 Amaroussiou, Halandriou Street, Marousi, GRC, 15125
AVAX SA operates as a construction company in Greece. The company operates through the following segments: The Construction segment develops buildings, warehouses, and shopping centers; The Concessions segment constructs highways, bridges, airports, and car parks; The Energy segment comprises of the construction TAP natural gas pipeline in Northern Greece; design and construction of power plants in Iraq; TheReal Estate segment covers estate development and other activities. It derives maximum revenue from the Construction segment.
64GF Score

Get the complete analysis for ATH:AVAX

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.44
Price
€2.93
GF Value