Associated British Foods
ABF.L
#1120
Rank
A$26.79 B
Marketcap
$37.02
Share price
0.35%
Change (1 day)
-15.39%
Change (1 year)
Categories

P/E ratio for Associated British Foods (ABF.L)

P/E ratio at the end of 2022: 15.5

According to Associated British Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2343.05. At the end of 2022 the company had a P/E ratio of 15.5.

P/E ratio history for Associated British Foods from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202215.5-47.06%
202129.3-9.8%
202032.555.72%
201920.920.68%
201817.3-17.14%
201720.9-13.49%
201624.1-35.55%
201537.568.35%
201422.312.7%
201319.732.46%
201214.927.18%
201111.7-5.41%
201012.4-6.59%
200913.37.33%
200812.410.84%
200711.2-22.11%
200614.318.96%
200512.022.33%
20049.848.19%
20039.09-37.4%
200214.5-3.51%
200115.1

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.