Anthem
ANTM
#111
Rank
$116.34 B
Marketcap
$482.58
Share price
2.71%
Change (1 day)
26.23%
Change (1 year)

P/E ratio for Anthem (ANTM)

P/E ratio as of June 2023 (TTM): 18.8

According to Anthem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7681. At the end of 2021 the company had a P/E ratio of 18.5.

P/E ratio history for Anthem from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.54.83%
202017.710.03%
201916.1
201715.2-0.4%
201615.36.74%
201514.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.4 35.08%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8-36.96%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4 8.69%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8 15.99%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.