P/E ratio for Acco Brands (ACCO)
P/E ratio as of September 2023 (TTM): -20.0
According to Acco Brands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.0003. At the end of 2021 the company had a P/E ratio of 7.72.
P/E ratio history for Acco Brands from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.72 | -40.62% |
| 2020 | 13.0 | 50% |
| 2019 | 8.67 | 30.38% |
| 2018 | 6.65 | -34.07% |
| 2017 | 10.1 | -30.46% |
| 2016 | 14.5 | 62.69% |
| 2015 | 8.91 | -19.88% |
| 2014 | 11.1 | 10.9% |
| 2013 | 10.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 3M MMM | -34.6 | 72.79% | 🇺🇸 USA |
 Newell Brands
NWL | -12.3 | -38.68% | 🇺🇸 USA |
 Logitech LOGI | 35.3 | -276.41% | 🇨🇭 Switzerland |
 Pitney Bowes PBI | -4.06 | -79.71% | 🇺🇸 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.