P/E ratio for ASGN (ASGN)
P/E ratio as of June 2023 (TTM): 13.7
According to ASGN's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.7189. At the end of 2021 the company had a P/E ratio of 15.9.
P/E ratio history for ASGN from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.9 | -27.65% |
| 2020 | 21.9 | 2.56% |
| 2019 | 21.4 | 18.45% |
| 2018 | 18.0 | -15.48% |
| 2017 | 21.4 | -11.52% |
| 2016 | 24.1 | 0.39% |
| 2015 | 24.0 | 3.57% |
| 2014 | 23.2 | 5.02% |
| 2013 | 22.1 | -4.1% |
| 2012 | 23.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Robert Half RHI | 12.8 | -6.57% | 🇺🇸 USA |
 Kforce KFRC | 17.7 | 29.29% | 🇺🇸 USA |
 Kelly Services
KELYA | -11.5 | -183.83% | 🇺🇸 USA |
 ManpowerGroup MAN | 11.0 | -19.76% | 🇺🇸 USA |
 Cross Country Healthcare CCRN | 6.59 | -51.99% | 🇺🇸 USA |
 TrueBlue TBI | 12.5 | -8.84% | 🇺🇸 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.