P/E ratio for Associated British Foods (ABF.L)
P/E ratio at the end of 2022: 16.0
According to Associated British Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3420.18. At the end of 2022 the company had a P/E ratio of 16.0.
P/E ratio history for Associated British Foods from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.0 | -47.06% |
| 2021 | 30.2 | -9.8% |
| 2020 | 33.4 | 55.72% |
| 2019 | 21.5 | 20.68% |
| 2018 | 17.8 | -17.14% |
| 2017 | 21.5 | -13.49% |
| 2016 | 24.8 | -35.55% |
| 2015 | 38.5 | 68.35% |
| 2014 | 22.9 | 12.7% |
| 2013 | 20.3 | 32.46% |
| 2012 | 15.3 | 27.18% |
| 2011 | 12.1 | -5.41% |
| 2010 | 12.7 | -6.59% |
| 2009 | 13.6 | 7.33% |
| 2008 | 12.7 | 10.84% |
| 2007 | 11.5 | -22.11% |
| 2006 | 14.7 | 18.96% |
| 2005 | 12.4 | 22.33% |
| 2004 | 10.1 | 8.19% |
| 2003 | 9.35 | -37.4% |
| 2002 | 14.9 | -3.51% |
| 2001 | 15.5 |
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.