P/E ratio for Accenture (ACN)
P/E ratio as of May 2024 (TTM): 28.3
According to Accenture's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.2569. At the end of 2022 the company had a P/E ratio of 23.9.
P/E ratio history for Accenture from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.9 | -43.54% |
| 2021 | 42.4 | 34.2% |
| 2020 | 31.6 | 14.3% |
| 2019 | 27.6 | 30.12% |
| 2018 | 21.2 | -20.1% |
| 2017 | 26.6 | 56.57% |
| 2016 | 17.0 | -21.05% |
| 2015 | 21.5 | 15.08% |
| 2014 | 18.7 | 17.49% |
| 2013 | 15.9 | -2.67% |
| 2012 | 16.3 | 13.27% |
| 2011 | 14.4 | -13.13% |
| 2010 | 16.6 | -1.16% |
| 2009 | 16.8 | 49.62% |
| 2008 | 11.2 | -31.43% |
| 2007 | 16.4 | -22.39% |
| 2006 | 21.1 | 19.15% |
| 2005 | 17.7 | -18% |
| 2004 | 21.6 | -8.09% |
| 2003 | 23.5 | -15.09% |
| 2002 | 27.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SAP SAP | 35.8 | 26.86% | 🇩🇪 Germany |
 IBM IBM | 22.2 | -21.53% | 🇺🇸 USA |
 Cognizant Technology Solutions CTSH | 17.1 | -39.59% | 🇺🇸 USA |
 Xerox XRX | 13.1 | -53.63% | 🇺🇸 USA |
 Wipro WIT | 20.9 | -26.04% | 🇮🇳 India |
 Ericsson ERIC | -8.84 | -131.30% | 🇸🇪 Sweden |
 Infosys INFY | 23.9 | -15.26% | 🇮🇳 India |
 Genpact G | 15.5 | -45.11% | 🇧🇲 Bermuda |
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.