P/E ratio for Adtalem Global Education (ATGE)
P/E ratio as of April 2024 (TTM): 20.3
According to Adtalem Global Education 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2759. At the end of 2022 the company had a P/E ratio of 4.53.
P/E ratio history for Adtalem Global Education from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.53 | -102.15% |
| 2021 | -211 | 658.75% |
| 2020 | -27.8 | -250.4% |
| 2019 | 18.5 | -29.62% |
| 2018 | 26.3 | -88.75% |
| 2017 | 234 | 858.4% |
| 2016 | 24.4 | -53.77% |
| 2015 | 52.7 | 168.81% |
| 2014 | 19.6 | -43.64% |
| 2013 | 34.8 | 252% |
| 2012 | 9.89 | -12.59% |
| 2011 | 11.3 | 4.68% |
| 2010 | 10.8 | -42.47% |
| 2009 | 18.8 | -35.54% |
| 2008 | 29.1 | -20.36% |
| 2007 | 36.6 | 20.23% |
| 2006 | 30.4 | -42.17% |
| 2005 | 52.6 | 43.84% |
| 2004 | 36.6 | 9.21% |
| 2003 | 33.5 | 97.69% |
| 2002 | 16.9 | -47.08% |
| 2001 | 32.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Perdoceo Education PRDO | 9.44 | -53.45% | 🇺🇸 USA |
 Grand Canyon Education LOPE | 20.8 | 2.38% | 🇺🇸 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.