P/E ratio for Artisan Partners (APAM)
P/E ratio as of May 2024 (TTM): 14.0
According to Artisan Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9767. At the end of 2022 the company had a P/E ratio of 10.1.
P/E ratio history for Artisan Partners from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.1 | 7.88% |
| 2021 | 9.40 | -37.84% |
| 2020 | 15.1 | 21.61% |
| 2019 | 12.4 | 57.98% |
| 2018 | 7.87 | -84.86% |
| 2017 | 52.0 | 172.53% |
| 2016 | 19.1 | -2.69% |
| 2015 | 19.6 | -127.92% |
| 2014 | -70.2 | -53.71% |
| 2013 | -152 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Carlyle Group CG | 35.9 | 156.94% | 🇺🇸 USA |
 KKR & Co. KKR | 67.9 | 385.97% | 🇺🇸 USA |
 GAMCO Investors
GAMI | 9.58 | -31.43% | 🇺🇸 USA |
 Cohen & Steers CNS | 26.0 | 85.97% | 🇺🇸 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.