Aflac
AFL
#341
Rank
A$91.33 B
Marketcap
$164.42
Share price
0.77%
Change (1 day)
31.13%
Change (1 year)

P/E ratio for Aflac (AFL)

P/E ratio as of November 2024 (TTM): 14.2

According to Aflac's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.2084. At the end of 2022 the company had a P/E ratio of 10.4.

P/E ratio history for Aflac from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.413.97%
20219.1037.23%
20206.63-44.25%
201911.9-1.11%
201812.051.87%
20177.92-26.53%
201610.85.76%
201510.28.89%
20149.36-4.91%
20139.8413.53%
20128.67-16.67%
201110.4-8.6%
201011.4-21.04%
200914.4-16.71%
200817.3-7.47%
200718.721.11%
200615.4-1.57%
200515.7-1.59%
200415.9-34.37%
200324.328.18%
200218.91.04%
200118.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.1-21.78%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 41.97%๐Ÿ‡บ๐Ÿ‡ธ USA
18.0 26.35%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2 49.38%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-10.90%๐Ÿ‡บ๐Ÿ‡ธ 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.