ANZ Bank
ANZ.AX
#333
Rank
$55.68 B
Marketcap
$18.55
Share price
0.22%
Change (1 day)
19.68%
Change (1 year)

P/E ratio for ANZ Bank (ANZ.AX)

P/E ratio at the end of 2021: 17.8

According to ANZ Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9632. At the end of 2021 the company had a P/E ratio of 17.8.

P/E ratio history for ANZ Bank from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202117.8-8.66%
202019.5-2.97%
201920.115.84%
201817.31.06%
201717.1-7.22%
201618.533.17%
201513.95.8%
201413.1-8.52%
201314.327.78%
201211.216.48%
20119.63-30.81%
201013.9-34.83%
200921.453.53%
200813.9-5.82%
200714.8-17.69%
200617.9-22.3%
200523.122.64%
200418.85.94%
200317.8-0.89%
200217.9-12.01%
200120.4

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.