Allstate
ALL
#531
Rank
$33.98 B
Marketcap
$128.16
Share price
-0.24%
Change (1 day)
7.95%
Change (1 year)

P/E ratio for Allstate (ALL)

P/E ratio as of February 2023 (TTM): -94.9

According to Allstate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -94.9333. At the end of 2021 the company had a P/E ratio of 22.7.

P/E ratio history for Allstate from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202122.7264.58%
20206.22-20.99%
20197.87-42.96%
201813.811.98%
201712.3-21.22%
201615.628.69%
201512.210.35%
201411.0
20128.53

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.88-96.97%๐Ÿ‡บ๐Ÿ‡ธ USA
< -1000 7,167.21%๐Ÿ‡บ๐Ÿ‡ธ USA
132-238.93%๐Ÿ‡บ๐Ÿ‡ธ USA
7.31-107.70%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-116.41%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-124.75%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9-127.28%๐Ÿ‡บ๐Ÿ‡ธ 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.