P/E ratio for ANZ Bank (ANZ.AX)
P/E ratio at the end of 2021: 17.8
According to ANZ Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0419. At the end of 2021 the company had a P/E ratio of 17.8.
P/E ratio history for ANZ Bank from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.8 | -8.66% |
| 2020 | 19.5 | -2.97% |
| 2019 | 20.1 | 15.84% |
| 2018 | 17.3 | 1.06% |
| 2017 | 17.1 | -7.22% |
| 2016 | 18.5 | 33.17% |
| 2015 | 13.9 | 5.8% |
| 2014 | 13.1 | -8.52% |
| 2013 | 14.3 | 27.78% |
| 2012 | 11.2 | 16.48% |
| 2011 | 9.63 | -30.81% |
| 2010 | 13.9 | -34.83% |
| 2009 | 21.4 | 53.53% |
| 2008 | 13.9 | -5.82% |
| 2007 | 14.8 | -17.69% |
| 2006 | 17.9 | -22.3% |
| 2005 | 23.1 | 22.64% |
| 2004 | 18.8 | 5.94% |
| 2003 | 17.8 | -0.89% |
| 2002 | 17.9 | -12.01% |
| 2001 | 20.4 |
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.