P/E ratio for Arthur J. Gallagher & Co. (AJG)
P/E ratio as of April 2024 (TTM): 44.5
According to Arthur J. Gallagher & Co. 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.5317. At the end of 2022 the company had a P/E ratio of 35.6.
P/E ratio history for Arthur J. Gallagher & Co. from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.6 | -5.32% |
| 2021 | 37.6 | 30.49% |
| 2020 | 28.8 | 9.1% |
| 2019 | 26.4 | 24.39% |
| 2018 | 21.2 | -13.84% |
| 2017 | 24.6 | 10.57% |
| 2016 | 22.3 | 11.98% |
| 2015 | 19.9 | -16.93% |
| 2014 | 23.9 | 6.3% |
| 2013 | 22.5 | 3.87% |
| 2012 | 21.7 | -16.51% |
| 2011 | 26.0 | 47.39% |
| 2010 | 17.6 | -0.14% |
| 2009 | 17.6 | -44.16% |
| 2008 | 31.6 | 90.71% |
| 2007 | 16.6 | -25.43% |
| 2006 | 22.2 | -81.89% |
| 2005 | 123 | 672.21% |
| 2004 | 15.9 | -21.07% |
| 2003 | 20.1 | -0.2% |
| 2002 | 20.2 | -14.51% |
| 2001 | 23.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aon AON | 23.1 | -48.14% | 🇬🇧 UK |
 Marsh & McLennan Companies MMC | 28.7 | -35.46% | 🇺🇸 USA |
 Brown & Brown
BRO | 31.3 | -29.75% | 🇺🇸 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.