P/E ratio for Acuity Brands (AYI)
P/E ratio as of April 2024 (TTM): 23.2
According to Acuity Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1552. At the end of 2022 the company had a P/E ratio of 14.9.
P/E ratio history for Acuity Brands from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.9 | -33.75% |
| 2021 | 22.5 | 19.66% |
| 2020 | 18.8 | 6% |
| 2019 | 17.7 | 36.56% |
| 2018 | 13.0 | -45.98% |
| 2017 | 24.0 | -27.41% |
| 2016 | 33.1 | -21.66% |
| 2015 | 42.3 | 27.38% |
| 2014 | 33.2 | 2.93% |
| 2013 | 32.2 | 26.17% |
| 2012 | 25.6 | 25.38% |
| 2011 | 20.4 | -33.9% |
| 2010 | 30.8 | 81.71% |
| 2009 | 17.0 | 65.78% |
| 2008 | 10.2 | -22.19% |
| 2007 | 13.2 | -30.72% |
| 2006 | 19.0 | -16.98% |
| 2005 | 22.9 | 15.11% |
| 2004 | 19.9 | -6.79% |
| 2003 | 21.3 | 94.21% |
| 2002 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Orion Energy Systems
OESX | -0.7059 | -103.05% | 🇺🇸 USA |
 Canadian Solar
CSIQ | 2.39 | -89.70% | 🇨🇦 Canada |
 Philips PHG | -29.5 | -227.57% | 🇳🇱 Netherlands |
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.