Aker ASAHAM:FKM -0.73%70 PE Ratio (TTM) is 24.35 as of Jul. 12, 2026, which is 75% above its 10-year median of 13.91. GuruFocus rates HAM:FKM with a GF Score™ of 70/100 and a GF Value™ of €80.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 424 Conglomerates companies, Aker ASA ranks worse than 71.23% 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 (2026-07-12), Aker ASA's share price is
€108.80.
Aker ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.47. Therefore, Aker ASA's PE Ratio (TTM) for today is 24.35.
Warning Sign:
Aker ASA stock PE Ratio (=23.1) is close to 3-year high of 24.95.
The historical rank and industry rank for Aker ASA's PE Ratio (TTM) or its related term are showing as below:
HAM:FKM'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 1.41 Med: 13.91 Max: 56.11
Current: 23.1
During the past 13 years, the highest PE Ratio (TTM) of Aker ASA was 56.11. The lowest was 1.41. And the median was 13.91.
HAM:FKM's PE Ratio (TTM) is ranked worse than 71.23% of 424
companies
in the Conglomerates industry
Industry Median: 13.875
vs HAM:FKM: 23.10
As of today (2026-07-12), Aker ASA's share price is €108.80.
Aker ASA's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €5.90. Therefore, Aker ASA's PE Ratio without NRI for today is 18.43.
During the past 13 years, Aker ASA's highestPE Ratio without NRI was 55.95. The lowest was 2.27. And the median was 16.12.
Aker ASA's EPS without NRI for the
six
months ended in Dec. 2025 was €5.90.
Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €5.90.
During the past 12 months, Aker ASA's average EPS without NRIGrowth Rate was 18.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -33.80% per year.
During the past 13 years, Aker ASA's highest 3-Year average EPS without NRI Growth Rate was 144.80% per year. The lowest was -74.00% per year. And the median was 12.90% per year.
Aker ASA's EPS (Basic) for the
six
months ended in Dec. 2025 was €4.58.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.47.
Aker ASA (HAM:FKM) 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.
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).
Aker ASA PE Ratio (TTM) Related Terms
Aker ASA PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Aker ASA'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.
For the Conglomerates subindustry, Aker ASA'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.
Aker ASA PE Ratio (TTM) vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aker ASA's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Aker ASA's PE Ratio (TTM) falls into.
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.
Aker ASA's PE Ratio (TTM) for today is calculated as
Aker ASA's Share Price of today is €108.80.
For company reported semi-annually, Aker ASA'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 €4.47.
* 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:
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.
Aker ASA (HAM:FKM) has a PE Ratio (TTM) of 24.35 as of Jul. 12, 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 Aker ASA and its competitors. This is 75% above median its historical median of 13.91. Over the past decade, Aker ASA's PE Ratio (TTM) has ranged from 1.41 to 56.11. According to the industry distribution chart, Aker ASA ranks #302 out of 424 companies in the Conglomerates industry, placing it in the top 71.2%.
Is Aker ASA's PE Ratio (TTM) too high?
Aker ASA's current PE Ratio (TTM) of 24.35 is 75% above median its 10-year median of 13.91. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 56.11. The Conglomerates industry median PE Ratio (TTM) is 13.88. Aker ASA's value of 24.35 is 75.5% above this industry median. Based on the distribution chart, Aker ASA ranks #302 out of 424 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Aker ASA has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's PE Ratio (TTM) compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aker ASA ranks #302 out of 424 companies for PE Ratio (TTM). This places Aker ASA in the lower half of its industry. The industry median PE Ratio (TTM) is 13.88. Aker ASA's value of 24.35 is 75.5% above this benchmark. Historically, Aker ASA's own PE Ratio (TTM) has ranged from 1.41 to 56.11 over the past decade. While the company's 10-year median is 13.91 vs. the industry median of 13.88, Aker ASA has consistently been above 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 Conglomerates company?
The median PE Ratio (TTM) among Conglomerates companies is 13.88, based on 424 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. Aker ASA's current PE Ratio (TTM) of 24.35 is 75.5% above 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 Aker ASA and its competitors. For the Conglomerates industry, the median PE Ratio (TTM) is 13.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker ASA's current PE Ratio (TTM) is 24.35, which is 75% above median its own 10-year median of 13.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (HAM:FKM) is currently considered Significantly Overvalued. The stock's GF Value™ is €80.06, compared to a current price of €108.80 — trading 35.9% above its estimated fair value. The current PE Ratio (TTM) is 24.35, which is 75% above median its 10-year median of 13.91 and 75.5% above the Conglomerates industry median of 13.88. Aker ASA's overall GF Score™ is 70/100 with 9 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 Aker ASA (HAM:FKM), the current PE Ratio (TTM) is 24.35 as of Jul. 12, 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 Aker ASA (HAM:FKM) Overvalued in 2026?
Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued.
The current stock price of €108.80 is trading 35.9% above its estimated GF Value™ of €80.06.
GuruFocus considers Aker ASA to be Significantly Overvalued.
Key valuation signals for HAM:FKM:
PE Ratio (TTM): 24.35 (75% above median its 10-year median of 13.91)
GF Value™: €80.06 vs. price of €108.80 (35.9% above fair value)
Industry Position: 75.5% above the Conglomerates median (#302 of 424)
No single metric tells the full story. See the HAM:FKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
70GF Score
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PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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