P/E ratio for ABM Industries (ABM)
P/E ratio as of March 2025 (TTM): 13.3
According to ABM Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.3212. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for ABM Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | -40.57% |
| 2021 | 21.7 | -100% |
| 2020 | > 1000 | 1.7353441086404E+18% |
| 2019 | 19.6 | -9.47% |
| 2018 | 21.7 | -95.4% |
| 2017 | 472 | 1077.6% |
| 2016 | 40.0 | 88.45% |
| 2015 | 21.2 | -0.63% |
| 2014 | 21.4 | -0.54% |
| 2013 | 21.5 | 46.54% |
| 2012 | 14.7 | -8.23% |
| 2011 | 16.0 | -25.24% |
| 2010 | 21.4 | 9.7% |
| 2009 | 19.5 | -7.92% |
| 2008 | 21.2 | 10.04% |
| 2007 | 19.2 | 60.93% |
| 2006 | 12.0 | -28.47% |
| 2005 | 16.7 | -45.77% |
| 2004 | 30.8 | 227.42% |
| 2003 | 9.41 | -45.66% |
| 2002 | 17.3 | -30.39% |
| 2001 | 24.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 30.5 | 128.98% | 🇺🇸 USA |
 | 15.0 | 12.81% | 🇺🇸 USA |
 | 23.8 | 78.29% | 🇺🇸 USA |
 | 32.1 | 140.84% | 🇺🇸 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.