P/E ratio for Ansell (ANN.AX)
P/E ratio at the end of 2020: 29.3
According to Ansell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2020 the company had a P/E ratio of 29.3.
P/E ratio history for Ansell from 2001 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 29.3 | -11.12% |
| 2019 | 33.0 | 308.49% |
| 2018 | 8.07 | -66.31% |
| 2017 | 24.0 | 41.41% |
| 2016 | 16.9 | -12.62% |
| 2015 | 19.4 | -70.39% |
| 2014 | 65.5 | 259.52% |
| 2013 | 18.2 | 39.97% |
| 2012 | 13.0 | -6.52% |
| 2011 | 13.9 | -19.49% |
| 2010 | 17.3 | 43.11% |
| 2009 | 12.1 | -9.1% |
| 2008 | 13.3 | -37.52% |
| 2007 | 21.3 | 21.35% |
| 2006 | 17.5 | -91.11% |
| 2005 | 197 | 602.32% |
| 2004 | 28.1 | -14.33% |
| 2003 | 32.8 | -273.69% |
| 2002 | -18.9 | 65.17% |
| 2001 | -11.4 |
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.