P/E ratio for AllianceBernstein (AB)
P/E ratio as of April 2024 (TTM): 14.7
According to AllianceBernstein's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7065. At the end of 2022 the company had a P/E ratio of 12.7.
P/E ratio history for AllianceBernstein from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.7 | 0.86% |
| 2021 | 12.6 | 7.75% |
| 2020 | 11.7 | -4.05% |
| 2019 | 12.2 | 11.28% |
| 2018 | 10.9 | -4.26% |
| 2017 | 11.4 | -28.34% |
| 2016 | 15.9 | -9.72% |
| 2015 | 17.7 | 25.12% |
| 2014 | 14.1 | 13.76% |
| 2013 | 12.4 | -64.41% |
| 2012 | 34.9 | -339.86% |
| 2011 | -14.5 | -182.85% |
| 2010 | 17.5 | 11.12% |
| 2009 | 15.8 | 111.85% |
| 2008 | 7.45 | -56.92% |
| 2007 | 17.3 | -17.16% |
| 2006 | 20.9 | 12.38% |
| 2005 | 18.6 | 8.4% |
| 2004 | 17.1 | -48.01% |
| 2003 | 33.0 | 127.63% |
| 2002 | 14.5 | -35.84% |
| 2001 | 22.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AXA CS.PA | N/A | N/A | 🇫🇷 France |
 UBS UBS | 2.61 | -82.25% | 🇨🇭 Switzerland |
 Affiliated Managers Group AMG | 5.12 | -65.16% | 🇺🇸 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.