Armstrong World Industries
AWI
#2528
Rank
$5.29 B
Marketcap
$120.80
Share price
0.15%
Change (1 day)
55.48%
Change (1 year)

P/E ratio for Armstrong World Industries (AWI)

P/E ratio as of March 2024 (TTM): 24.0

According to Armstrong World Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9847. At the end of 2022 the company had a P/E ratio of 15.7.

P/E ratio history for Armstrong World Industries from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.7-48.22%
202130.2-183.81%
2020-36.1-269.1%
201921.333.06%
201816.0-40.94%
201727.222.12%
201622.2-17.83%
201527.1-38.6%
201444.123.16%
201335.856.59%
201222.9-1.03%
201123.1-89.8%
2010226690.62%
200928.688.01%
200815.2-1.69%
200715.5-71.63%
200654.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.2-53.48%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-13.51%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.9-157.78%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0-29.17%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.