P/E ratio for Asbury Automotive Group (ABG)
P/E ratio as of March 2025 (TTM): 5.77
According to Asbury Automotive Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.76612. At the end of 2022 the company had a P/E ratio of 4.00.
P/E ratio history for Asbury Automotive Group from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.00 | -37.99% |
| 2021 | 6.45 | -41.36% |
| 2020 | 11.0 | -5.15% |
| 2019 | 11.6 | 45.96% |
| 2018 | 7.95 | -16.95% |
| 2017 | 9.57 | 16.6% |
| 2016 | 8.20 | -21.41% |
| 2015 | 10.4 | -48.98% |
| 2014 | 20.5 | 35.18% |
| 2013 | 15.1 | 25.72% |
| 2012 | 12.0 | 18.96% |
| 2011 | 10.1 | -35.37% |
| 2010 | 15.7 | -42.95% |
| 2009 | 27.5 | -6617.69% |
| 2008 | -0.4212 | -104.39% |
| 2007 | 9.59 | -25.54% |
| 2006 | 12.9 | 47.05% |
| 2005 | 8.76 | -5.97% |
| 2004 | 9.31 | -30.34% |
| 2003 | 13.4 | 55.75% |
| 2002 | 8.58 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 9.31 | 61.38% | 🇺🇸 USA |
 | 9.14 | 58.46% | 🇺🇸 USA |
 | -49.5 | -958.26% | 🇺🇸 USA |
 | 7.53 | 30.64% | 🇺🇸 USA |
 | 25.9 | 348.74% | 🇺🇸 USA |
 | 8.48 | 47.02% | 🇺🇸 USA |
 | 28.3 | 391.27% | 🇺🇸 USA |
 | 42.9 | 644.46% | 🇺🇸 USA |
 | 12.4 | 115.38% | 🇺🇸 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.