American International Group
AIG
#381
Rank
$50.50 B
Marketcap
$74.93
Share price
-0.04%
Change (1 day)
44.60%
Change (1 year)

P/E ratio for American International Group (AIG)

P/E ratio as of April 2024 (TTM): 12.2

According to American International Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2459. At the end of 2022 the company had a P/E ratio of 5.01.

P/E ratio history for American International Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.01-3.75%
20215.20-195.09%
2020-5.47-140.5%
201913.5-101.03%
2018< -100014518.34%
2017-8.99-89.54%
2016-85.9-324.65%
201538.3259.92%
201410.628.04%
20138.30-52.97%
201217.6749.79%
20112.08-111.54%
2010-18.06037.86%
2009-0.2932602.95%
2008-0.0417-100.17%
200724.483.48%
200613.3-21.47%
200516.9-6.41%
200418.1-15.39%
200321.4-18.69%
200226.3-32.11%
200138.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.35-64.45%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
39.1 219.44%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7 4.00%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
11.8-3.63%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-167-1,462.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.30-159.65%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.