P/E ratio for Allianz (ALV.DE)
P/E ratio as of October 2023 (TTM): 10.3
According to Allianz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3457. At the end of 2021 the company had a P/E ratio of 13.0.
P/E ratio history for Allianz from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.0 | 6.83% |
| 2020 | 12.2 | 5.39% |
| 2019 | 11.6 | 15.09% |
| 2018 | 10.0 | -20.1% |
| 2017 | 12.6 | 21.17% |
| 2016 | 10.4 | -7.68% |
| 2015 | 11.2 | 12.12% |
| 2014 | 10.0 | 1.68% |
| 2013 | 9.85 | 3.89% |
| 2012 | 9.48 | -27.76% |
| 2011 | 13.1 | 65.33% |
| 2010 | 7.94 | -13.17% |
| 2009 | 9.14 | -166.21% |
| 2008 | -13.8 | -270.38% |
| 2007 | 8.11 | -10.48% |
| 2006 | 9.06 | -20.44% |
| 2005 | 11.4 | -29.91% |
| 2004 | 16.2 | -9.29% |
| 2003 | 17.9 | -195% |
| 2002 | -18.8 | -147.19% |
| 2001 | 39.9 |
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.