P/E ratio for Allison Transmission (ALSN)
P/E ratio as of October 2023 (TTM): 8.61
According to Allison Transmission 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.60857. At the end of 2021 the company had a P/E ratio of 8.78.
P/E ratio history for Allison Transmission from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.78 | -46.66% |
| 2020 | 16.5 | 68.3% |
| 2019 | 9.78 | 7.37% |
| 2018 | 9.11 | -27.45% |
| 2017 | 12.6 | -52.29% |
| 2016 | 26.3 | 4.71% |
| 2015 | 25.1 | -5.83% |
| 2014 | 26.7 | -12.99% |
| 2013 | 30.7 | 326.66% |
| 2012 | 7.19 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Honeywell HON | 22.4 | 160.28% | 🇺🇸 USA |
 Winnebago Industries WGO | 7.14 | -17.08% | 🇺🇸 USA |
 Thor Industries
THO | 9.11 | 5.79% | 🇺🇸 USA |
 Meritor MTOR | N/A | N/A | 🇺🇸 USA |
 CNH Industrial
CNHI | 6.80 | -21.02% | 🇬🇧 UK |
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.