American Vanguard
AVD
#6363
Rank
$0.36 B
Marketcap
$12.71
Share price
0.51%
Change (1 day)
-42.02%
Change (1 year)

P/E ratio for American Vanguard (AVD)

P/E ratio as of March 2024 (TTM): 31.6

According to American Vanguard's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.625. At the end of 2022 the company had a P/E ratio of 23.3.

P/E ratio history for American Vanguard from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.3-13.12%
202126.9-9.98%
202029.8-27.95%
201941.4126.35%
201818.3-34.8%
201728.1-35.5%
201643.5-27.99%
201560.4-6.37%
201464.6221.58%
201320.1-14.71%
201223.541.16%
201116.7-21.9%
201021.4-151.45%
2009-41.5-366.03%
200815.6-35.26%
200724.1-9.07%
200626.517.28%
200522.6-1.09%
200422.86.14%
200321.577.8%
200212.131.03%
20019.24

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9-49.68%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
23.3-26.39%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.9-134.38%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.