P/E ratio for ANZ Bank (ANZ.AX)
P/E ratio at the end of 2021: 12.3
According to ANZ Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1746. At the end of 2021 the company had a P/E ratio of 12.3.
P/E ratio history for ANZ Bank from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.3 | -9.42% |
| 2020 | 13.6 | -2.97% |
| 2019 | 14.0 | 15.84% |
| 2018 | 12.1 | 1.06% |
| 2017 | 11.9 | -7.22% |
| 2016 | 12.9 | 33.17% |
| 2015 | 9.67 | 5.8% |
| 2014 | 9.14 | -8.52% |
| 2013 | 9.99 | 27.78% |
| 2012 | 7.82 | 16.48% |
| 2011 | 6.71 | -30.81% |
| 2010 | 9.70 | -34.83% |
| 2009 | 14.9 | 53.53% |
| 2008 | 9.69 | -5.82% |
| 2007 | 10.3 | -17.69% |
| 2006 | 12.5 | -17.09% |
| 2005 | 15.1 | 22.64% |
| 2004 | 12.3 | 5.94% |
| 2003 | 11.6 | -0.89% |
| 2002 | 11.7 | -12.01% |
| 2001 | 13.3 |
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.