P/E ratio for AGCO (AGCO)
P/E ratio as of June 2023 (TTM): 9.19
According to AGCO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.18538. At the end of 2021 the company had a P/E ratio of 9.73.
P/E ratio history for AGCO from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.73 | -46.18% |
| 2020 | 18.1 | -62.07% |
| 2019 | 47.7 | 211.79% |
| 2018 | 15.3 | -49.9% |
| 2017 | 30.5 | 4.46% |
| 2016 | 29.2 | 97% |
| 2015 | 14.8 | 44.07% |
| 2014 | 10.3 | 6.98% |
| 2013 | 9.62 | 5.41% |
| 2012 | 9.13 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Deere & Company DE | 13.7 | 49.08% | 🇺🇸 USA |
 The Toro Company
TTC | 22.2 | 141.81% | 🇺🇸 USA |
 Lindsay Corporation
LNN | 17.3 | 88.78% | 🇺🇸 USA |
 Alamo Group ALG | 18.2 | 98.16% | 🇺🇸 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.