P/E ratio for Adidas (ADS.DE)
P/E ratio as of April 2024 (TTM): -310
According to Adidas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -310.014. At the end of 2022 the company had a P/E ratio of 38.4.
P/E ratio history for Adidas from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.4 | 65.27% |
| 2021 | 23.2 | -82.69% |
| 2020 | 134 | 363.04% |
| 2019 | 29.0 | 32.8% |
| 2018 | 21.8 | -29.24% |
| 2017 | 30.8 | 4.34% |
| 2016 | 29.6 | 3.55% |
| 2015 | 28.5 | 32.76% |
| 2014 | 21.5 | -12.97% |
| 2013 | 24.7 | -8.11% |
| 2012 | 26.9 | 56.73% |
| 2011 | 17.2 | -5.27% |
| 2010 | 18.1 | -40.55% |
| 2009 | 30.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nike NKE | 28.9 | -109.34% | 🇺🇸 USA |
 PUMA PUM.DE | 20.7 | -106.68% | 🇩🇪 Germany |
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.