P/E ratio for Ambev (ABEV)
P/E ratio as of April 2024 (TTM): 12.7
According to Ambev's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7096. At the end of 2022 the company had a P/E ratio of 14.3.
P/E ratio history for Ambev from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.3 | -23.21% |
| 2021 | 18.6 | -16.05% |
| 2020 | 22.1 | -10.82% |
| 2019 | 24.8 | 17.03% |
| 2018 | 21.2 | -52.62% |
| 2017 | 44.8 | 122.26% |
| 2016 | 20.1 | -0.77% |
| 2015 | 20.3 | 3.68% |
| 2014 | 19.6 | -13.77% |
| 2013 | 22.7 | -39.35% |
| 2012 | 37.4 | 23.68% |
| 2011 | 30.3 | 56.84% |
| 2010 | 19.3 | 12.94% |
| 2009 | 17.1 | 111.39% |
| 2008 | 8.08 | -47.72% |
| 2007 | 15.5 | -26.57% |
| 2006 | 21.1 | -39.59% |
| 2005 | 34.9 | -50.28% |
| 2004 | 70.1 | 230.27% |
| 2003 | 21.2 | 21.83% |
| 2002 | 17.4 | -58.9% |
| 2001 | 42.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anheuser-Busch Inbev BUD | 19.2 | 51.16% | 🇧🇪 Belgium |
 Boston Beer Company SAM | 42.4 | 233.86% | 🇺🇸 USA |
 Thai Beverage
TBVPF | 9.69 | -23.74% | 🇹🇭 Thailand |
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.