Aramark
ARMK
#1610
Rank
A$16.48 B
Marketcap
$62.47
Share price
1.09%
Change (1 day)
46.56%
Change (1 year)
Categories

P/E ratio for Aramark (ARMK)

P/E ratio as of November 2024 (TTM): 19.6

According to Aramark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.5502. At the end of 2022 the company had a P/E ratio of 33.9.

P/E ratio history for Aramark from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202233.9-82.15%
2021190-1960.56%
2020-10.2-145.64%
201922.4127.93%
20189.82-29.67%
201714.0-29.62%
201619.8-13.1%
201522.8-17.78%
201427.8-50.8%
201356.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.4-16.10%๐Ÿ‡บ๐Ÿ‡ธ USA
35.3 80.31%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2 8.37%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.