Academy Sports
ASO
#2359
Rank
$4.92 B
Marketcap
$63.97
Share price
0.53%
Change (1 day)
70.36%
Change (1 year)

P/E ratio for Academy Sports (ASO)

P/E ratio as of March 2023 (TTM): 8.78

According to Academy Sports 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.77503. At the end of 2021 the company had a P/E ratio of 6.48.

P/E ratio history for Academy Sports from 2020 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.48

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.79-56.78%๐Ÿ‡บ๐Ÿ‡ธ USA
9.39 6.95%๐Ÿ‡บ๐Ÿ‡ธ USA
5.93-32.37%๐Ÿ‡บ๐Ÿ‡ธ USA
3.55-59.53%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.