ABB
ABBN.SW
#163
Rank
$100.48 B
Marketcap
$54.37
Share price
-0.02%
Change (1 day)
39.40%
Change (1 year)

P/E ratio for ABB (ABBN.SW)

P/E ratio as of July 2024 (TTM): 25.4

According to ABB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.3701. At the end of 2022 the company had a P/E ratio of 23.2.

P/E ratio history for ABB from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.239.01%
202116.744.6%
202011.5-67.97%
201936.093.25%
201818.6-27.76%
201725.812.54%
201622.9
201418.8-14.23%
201321.925.62%
201217.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.6-26.69%๐Ÿ‡บ๐Ÿ‡ธ USA
5.02-80.23%๐Ÿ‡บ๐Ÿ‡ธ USA
26.5 4.58%๐Ÿ‡บ๐Ÿ‡ธ USA
23.6-7.12%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-38.35%๐Ÿ‡ฉ๐Ÿ‡ช Germany

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.