Allstate
ALL
#454
Rank
$42.14 B
Marketcap
$160.20
Share price
-0.24%
Change (1 day)
24.40%
Change (1 year)

P/E ratio for Allstate (ALL)

P/E ratio as of February 2024 (TTM): -20.3

According to Allstate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.2509. At the end of 2022 the company had a P/E ratio of -25.9.

P/E ratio history for Allstate from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-25.9-214.16%
202122.7264.58%
20206.22-20.99%
20197.87-38%
201812.73.04%
201712.3-21.22%
201615.628.69%
201512.210.35%
201411.0-1.88%
201311.231.58%
20128.53-53.02%
201118.2-3.77%
201018.9-0.78%
200919.0-279.33%
2008-10.6-258.94%
20076.67-19.17%
20068.25-60.32%
200520.883.76%
200411.31.55%
200311.1-37.93%
200218.0-14.21%
200120.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.77-118.61%๐Ÿ‡บ๐Ÿ‡ธ USA
41.6-305.25%๐Ÿ‡บ๐Ÿ‡ธ USA
36.8-281.90%๐Ÿ‡บ๐Ÿ‡ธ USA
7.91-139.06%๐Ÿ‡บ๐Ÿ‡ธ USA
23.6-216.41%๐Ÿ‡บ๐Ÿ‡ธ USA
38.8-291.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-167 724.21%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.