P/E ratio for A. O. Smith (AOS)
P/E ratio as of April 2024 (TTM): 41.9
According to A. O. Smith's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.8618. At the end of 2022 the company had a P/E ratio of 38.5.
P/E ratio history for A. O. Smith from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.5 | 37.13% |
| 2021 | 28.1 | 9.26% |
| 2020 | 25.7 | 20.5% |
| 2019 | 21.3 | 30.7% |
| 2018 | 16.3 | -54.1% |
| 2017 | 35.6 | 41.09% |
| 2016 | 25.2 | 5.41% |
| 2015 | 23.9 | -1.96% |
| 2014 | 24.4 | -16.74% |
| 2013 | 29.3 | 59.12% |
| 2012 | 18.4 | 203.58% |
| 2011 | 6.07 | -61.2% |
| 2010 | 15.6 | 7.37% |
| 2009 | 14.6 | 31.21% |
| 2008 | 11.1 | -8.5% |
| 2007 | 12.1 | -18.63% |
| 2006 | 14.9 | -33.33% |
| 2005 | 22.4 | -9.65% |
| 2004 | 24.7 | 27.07% |
| 2003 | 19.5 | 38.42% |
| 2002 | 14.1 | -55.99% |
| 2001 | 32.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Franklin Electric
FELE | 24.5 | -41.55% | 🇺🇸 USA |
 LSB Industries LXU | 6.42 | -84.67% | 🇺🇸 USA |
 Aaon AAON | 49.2 | 17.58% | 🇺🇸 USA |
 Lennox LII | 31.4 | -25.02% | 🇺🇸 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.