P/E ratio for Adecco Group (ADEN.SW)
P/E ratio as of April 2024 (TTM): 16.8
According to Adecco Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7743. At the end of 2022 the company had a P/E ratio of 15.2.
P/E ratio history for Adecco Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.2 | 25.74% |
| 2021 | 12.1 | -109.16% |
| 2020 | -132 | -1151.77% |
| 2019 | 12.6 | -11.29% |
| 2018 | 14.2 | -0.23% |
| 2017 | 14.2 | 1.55% |
| 2016 | 14.0 | -100.64% |
| 2015 | < -1000 | -14796.47% |
| 2014 | 14.8 | -22.53% |
| 2013 | 19.1 | -5.68% |
| 2012 | 20.3 | 81.28% |
| 2011 | 11.2 | -50.23% |
| 2010 | 22.5 | -96.54% |
| 2009 | 650 | 8052.81% |
| 2008 | 7.97 | -18.3% |
| 2007 | 9.75 | -40.25% |
| 2006 | 16.3 | 3.14% |
| 2005 | 15.8 | -28.67% |
| 2004 | 22.2 | -32.22% |
| 2003 | 32.7 | -19.23% |
| 2002 | 40.5 | -169.99% |
| 2001 | -57.9 |
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.