Amazon.com, Inc. is an American online retailer with a wide range of products. According to its own information, Amazon, as the market leader in Internet trade, has the world's largest selection of books, CDs and videos. Via the integrated sales platform Marketplace, private individuals or other companies can also offer new and used products as part of online trading. The Amazon Kindle is sold under its own brand as a reader for electronic books, the Amazon Fire HD tablet computer, the Fire TV set-top box, the Fire TV Stick HDMI stick and the Echo speech recognition system.
With sales of $280 billion in 2019, a profit of $11.6 billion, and a market value of $1.32 trillion (June 2020), it was the third most valuable after Apple and Microsoft, and even before Google United States company.
P/E ratio for Amazon (AMZN)
P/E ratio as of April 2024 (TTM): 90.1
According to Amazon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 90.0969. At the end of 2022 the company had a P/E ratio of -313.
P/E ratio history for Amazon from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -313 | -719.75% |
| 2021 | 50.6 | -33.85% |
| 2020 | 76.5 | -2.98% |
| 2019 | 78.8 | 8.39% |
| 2018 | 72.7 | -60.77% |
| 2017 | 185 | 23.58% |
| 2016 | 150 | -71.6% |
| 2015 | 528 | -190.18% |
| 2014 | -586 | -186.63% |
| 2013 | 676 | -121.55% |
| 2012 | < -1000 | -2618.12% |
| 2011 | 125 | 77.8% |
| 2010 | 70.0 | 7.78% |
| 2009 | 65.0 | 92.62% |
| 2008 | 33.7 | -58.12% |
| 2007 | 80.6 | -6.09% |
| 2006 | 85.8 | 58.28% |
| 2005 | 54.2 | 77.43% |
| 2004 | 30.5 | -94.78% |
| 2003 | 585 | -1307.09% |
| 2002 | -48.4 | 602.81% |
| 2001 | -6.89 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 36.9 | -59.10% | 🇺🇸 USA |
 Tesla TSLA | 47.5 | -47.23% | 🇺🇸 USA |
 Netflix NFLX | 54.4 | -39.59% | 🇺🇸 USA |
 eBay EBAY | 20.6 | -77.19% | 🇺🇸 USA |
 Alibaba BABA | 15.9 | -82.38% | 🇨🇳 China |
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.