Adidas
ADS.DE
#721
Rank
$21.53 B
Marketcap
$117.96
Share price
-1.26%
Change (1 day)
-61.15%
Change (1 year)
Adidas AG is a German sporting goods manufacturer based in Herzogenaurach near Nuremberg.

P/E ratio for Adidas (ADS.DE)

P/E ratio as of October 2022 (TTM): 9.43

According to Adidas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.43387. At the end of 2020 the company had a P/E ratio of 135.

P/E ratio history for Adidas from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2020135365.14%
201929.032.64%
201821.8-29.15%
201730.84.34%
201629.610.79%
201526.78.81%
201424.5-0.48%
201324.6-7.99%
201226.870.49%
201115.7-12.94%
201018.0-40.29%
200930.2261.83%
20088.35-54.74%
200718.5131.79%
20067.96-13.83%
20059.24-46.48%
200417.39.33%
200315.8-3.32%
200216.3

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.