P/E ratio for AkzoNobel (AKZA.AS)
P/E ratio as of April 2025 (TTM): 23.3
According to AkzoNobel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3369. At the end of 2022 the company had a P/E ratio of 31.3.
P/E ratio history for AkzoNobel from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.3 | 45.22% |
| 2021 | 21.5 | -19.1% |
| 2020 | 26.6 | -24.51% |
| 2019 | 35.3 | 1188% |
| 2018 | 2.74 | -87.66% |
| 2017 | 22.2 | 44.21% |
| 2016 | 15.4 | -2.59% |
| 2015 | 15.8 | -38.93% |
| 2014 | 25.9 | 37.36% |
| 2013 | 18.8 | -432.11% |
| 2012 | -5.67 | -130.96% |
| 2011 | 18.3 | -1.23% |
| 2010 | 18.5 | -50.84% |
| 2009 | 37.7 | -661.24% |
| 2008 | -6.72 | -515.02% |
| 2007 | 1.62 | -85.91% |
| 2006 | 11.5 | -1.73% |
| 2005 | 11.7 | 23.71% |
| 2004 | 9.46 | -34.74% |
| 2003 | 14.5 | 37.1% |
| 2002 | 10.6 | -52.11% |
| 2001 | 22.1 |
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.