Ambev
ABEV
#568
Rank
A$54.77 B
Marketcap
$3.44
Share price
0.00%
Change (1 day)
-15.27%
Change (1 year)

P/E ratio for Ambev (ABEV)

P/E ratio as of October 2024 (TTM): 12.8

According to Ambev's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7649. At the end of 2022 the company had a P/E ratio of 14.3.

P/E ratio history for Ambev from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.3-23.21%
202118.6-16.05%
202022.1-10.82%
201924.817.03%
201821.2-52.62%
201744.8122.26%
201620.1-0.77%
201520.33.68%
201419.6-13.77%
201322.7-39.35%
201237.423.68%
201130.356.84%
201019.312.94%
200917.1111.39%
20088.08-47.72%
200715.5-26.57%
200621.1-39.59%
200534.9-50.28%
200470.1230.27%
200321.221.83%
200217.4-58.9%
200142.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
40.4 216.76%๐Ÿ‡บ๐Ÿ‡ธ USA
0.5000-96.08%๐Ÿ‡น๐Ÿ‡ญ Thailand
20.8 62.83%๐Ÿ‡ง๐Ÿ‡ช Belgium

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.