ABM Industries
ABM
#3578
Rank
$2.82 B
Marketcap
$44.62
Share price
0.47%
Change (1 day)
1.32%
Change (1 year)

P/E ratio for ABM Industries (ABM)

P/E ratio as of March 2024 (TTM): 12.5

According to ABM Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4637. At the end of 2022 the company had a P/E ratio of 12.9.

P/E ratio history for ABM Industries from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.9-40.57%
202121.7-100%
2020> 10001.7353441086404E+18%
201919.6-9.47%
201821.7-95.4%
20174721077.6%
201640.088.45%
201521.2-0.63%
201421.4-0.54%
201321.546.54%
201214.7-8.23%
201116.0-25.24%
201021.49.7%
200919.5-7.92%
200821.210.04%
200719.260.93%
200612.0-28.47%
200516.7-45.77%
200430.8227.42%
20039.41-45.66%
200217.3-30.39%
200124.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
50.8 307.71%๐Ÿ‡บ๐Ÿ‡ธ USA
29.5 136.71%๐Ÿ‡บ๐Ÿ‡ธ USA
30.3 143.48%๐Ÿ‡บ๐Ÿ‡ธ USA
28.4 127.57%๐Ÿ‡บ๐Ÿ‡ธ USA

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.