P/E ratio for ASGN (ASGN)
P/E ratio as of April 2024 (TTM): 22.3
According to ASGN's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2948. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for ASGN from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | -3.07% |
| 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 | 4.29% |
| 2014 | 23.0 | 4.29% |
| 2013 | 22.1 | -9.55% |
| 2012 | 24.4 | 44.24% |
| 2011 | 16.9 | -154.04% |
| 2010 | -31.3 | -161.38% |
| 2009 | 51.1 | 377.39% |
| 2008 | 10.7 | -58.79% |
| 2007 | 26.0 | -9.41% |
| 2006 | 28.7 | -97.37% |
| 2005 | > 1000 | -35415.61% |
| 2004 | -3.09 | 92.71% |
| 2003 | -1.60 | -109.22% |
| 2002 | 17.4 | -43.23% |
| 2001 | 30.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Robert Half RHI | 16.1 | -27.77% | 🇺🇸 USA |
 Kforce KFRC | 24.7 | 10.91% | 🇺🇸 USA |
 Kelly Services
KELYA | 606 | 2,617.00% | 🇺🇸 USA |
 ManpowerGroup MAN | 17.5 | -21.40% | 🇺🇸 USA |
 Cross Country Healthcare CCRN | 6.16 | -72.35% | 🇺🇸 USA |
 TrueBlue TBI | -73.1 | -427.92% | 🇺🇸 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.