P/E ratio for Ambev (ABEV)
P/E ratio as of September 2023 (TTM): 14.9
According to Ambev's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8957. At the end of 2021 the company had a P/E ratio of 18.6.
P/E ratio history for Ambev from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.6 | -16.05% |
| 2020 | 22.1 | -10.74% |
| 2019 | 24.8 | 17.52% |
| 2018 | 21.1 | -52.86% |
| 2017 | 44.8 | 119.47% |
| 2016 | 20.4 | 0.49% |
| 2015 | 20.3 | 3.68% |
| 2014 | 19.6 | -27.27% |
| 2013 | 26.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anheuser-Busch Inbev BUD | 18.3 | 22.66% | 🇧🇪 Belgium |
 Boston Beer Company SAM | 71.3 | 378.71% | 🇺🇸 USA |
 Thai Beverage
TBVPF | 11.5 | -22.56% | 🇹🇭 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.