According to Associated British Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3322.51. At the end of 2022 the company had a P/E ratio of 15.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.6 | -47.06% |
2021 | 29.5 | -9.8% |
2020 | 32.7 | 55.72% |
2019 | 21.0 | 20.68% |
2018 | 17.4 | -17.14% |
2017 | 21.0 | -13.49% |
2016 | 24.3 | -35.55% |
2015 | 37.6 | 68.35% |
2014 | 22.4 | 12.7% |
2013 | 19.8 | 32.46% |
2012 | 15.0 | 27.18% |
2011 | 11.8 | -5.41% |
2010 | 12.4 | -6.59% |
2009 | 13.3 | 7.33% |
2008 | 12.4 | 10.84% |
2007 | 11.2 | -22.11% |
2006 | 14.4 | 18.96% |
2005 | 12.1 | 22.33% |
2004 | 9.88 | 8.19% |
2003 | 9.13 | -37.4% |
2002 | 14.6 | -3.51% |
2001 | 15.1 |
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.