Archer Daniels Midland (ADM)
ADM
#625
Rank
$30.60 B
Marketcap
$61.00
Share price
-0.91%
Change (1 day)
-19.63%
Change (1 year)
Categories
Archer Daniels Midland Company (ADM) is an american company that operates more than 270 manufacturing facilities around the world that process grain and oilseeds into various products used in food, beverages, industrial products, and animal feed.

P/E ratio for Archer Daniels Midland (ADM) (ADM)

P/E ratio as of April 2024 (TTM): 8.46

According to Archer Daniels Midland (ADM) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.45708. At the end of 2022 the company had a P/E ratio of 12.0.

P/E ratio history for Archer Daniels Midland (ADM) from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.0-14.73%
202114.1-11.69%
202015.9-15.66%
201918.948.09%
201812.7-10.15%
201714.2-31.93%
201620.871.44%
201512.2-19.09%
201415.0-29.45%
201321.3
201112.626.71%
20109.93-44.83%
200918.0144.04%
20087.37-45.21%
200713.52.75%
200613.1-17.14%
200515.8-23.48%
200420.722.15%
200316.9-1.81%
200217.2-24.39%
200122.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
61.5 627.26%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 110.40%๐Ÿ‡บ๐Ÿ‡ธ USA
9.66 14.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.6-414.44%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2 55.77%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.0-253.36%๐Ÿ‡ง๐Ÿ‡ท Brazil
7.95-5.94%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.