According to ABB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5763. At the end of 2022 the company had a P/E ratio of 23.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 23.2 | 39.01% |
2021 | 16.7 | 44.6% |
2020 | 11.5 | -67.97% |
2019 | 36.0 | 93.25% |
2018 | 18.6 | -27.76% |
2017 | 25.8 | 12.54% |
2016 | 22.9 | |
2014 | 18.8 | -14.23% |
2013 | 21.9 | 25.62% |
2012 | 17.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Emerson EMR | 4.90 | -80.05% | ๐บ๐ธ USA |
General Electric GE | 18.8 | -23.32% | ๐บ๐ธ USA |
Illinois Tool Works ITW | 24.2 | -1.71% | ๐บ๐ธ USA |
Honeywell HON | 25.4 | 3.28% | ๐บ๐ธ USA |
Siemens SIE.DE | 16.0 | -34.75% | ๐ฉ๐ช Germany |
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.