P/E ratio for ABN AMRO (ABN.AS)
P/E ratio as of April 2024 (TTM): 5.82
According to ABN AMRO 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.81804. At the end of 2022 the company had a P/E ratio of 6.59.
P/E ratio history for ABN AMRO from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.59 | -36.9% |
| 2021 | 10.5 | -122.15% |
| 2020 | -47.2 | -699.16% |
| 2019 | 7.87 | -9.92% |
| 2018 | 8.74 | -6.1% |
| 2017 | 9.31 | -30.58% |
| 2016 | 13.4 | 5.66% |
| 2015 | 12.7 |
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.