P/E ratio for Accenture (ACN)
P/E ratio as of March 2023 (TTM): 25.4
According to Accenture's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.3507. At the end of 2021 the company had a P/E ratio of 42.4.
P/E ratio history for Accenture from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 42.4 | 34.2% |
| 2020 | 31.6 | 14.3% |
| 2019 | 27.6 | 30.12% |
| 2018 | 21.2 | -20.1% |
| 2017 | 26.6 | 56.57% |
| 2016 | 17.0 | -21.05% |
| 2015 | 21.5 | 15.08% |
| 2014 | 18.7 | 17.49% |
| 2013 | 15.9 | -2.67% |
| 2012 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SAP SAP | 60.9 | 140.27% | 🇩🇪 Germany |
 IBM IBM | 71.4 | 181.62% | 🇺🇸 USA |
 Cognizant Technology Solutions CTSH | 13.5 | -46.62% | 🇺🇸 USA |
 Xerox XRX | -6.90 | -127.23% | 🇺🇸 USA |
 Wipro WIT | 16.9 | -33.44% | 🇮🇳 India |
 Ericsson ERIC | 8.22 | -67.58% | 🇸🇪 Sweden |
 Infosys INFY | 24.1 | -4.77% | 🇮🇳 India |
 Genpact G | 23.7 | -6.48% | 🇧🇲 Bermuda |
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.