P/E ratio for Atlas Copco (ATCO-B.ST)
P/E ratio as of April 2024 (TTM): 27.6
According to Atlas Copco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6445. At the end of 2022 the company had a P/E ratio of 23.0.
P/E ratio history for Atlas Copco from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.0 | -35.47% |
| 2021 | 35.7 | 18.03% |
| 2020 | 30.3 | 26.56% |
| 2019 | 23.9 | 979.17% |
| 2018 | 2.22 | -87.09% |
| 2017 | 17.2 | -9.61% |
| 2016 | 19.0 | 24.95% |
| 2015 | 15.2 | 1.25% |
| 2014 | 15.0 | 22.24% |
| 2013 | 12.3 | 16.17% |
| 2012 | 10.6 | 16.71% |
| 2011 | 9.05 | -35.1% |
| 2010 | 14.0 | 2.52% |
| 2009 | 13.6 |
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.