P/E ratio for Acushnet Holdings (GOLF)
P/E ratio as of May 2024 (TTM): 18.6
According to Acushnet Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6372. At the end of 2022 the company had a P/E ratio of 15.6.
P/E ratio history for Acushnet Holdings from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.6 | -29.66% |
| 2021 | 22.1 | -29.62% |
| 2020 | 31.4 | 55.68% |
| 2019 | 20.2 | 27.68% |
| 2018 | 15.8 | -0.25% |
| 2017 | 15.8 | -50% |
| 2016 | 31.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Peloton PTON | -1.08 | -105.81% | 🇺🇸 USA |
 Nautilus NLS | -0.5225 | -102.80% | 🇺🇸 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.