Ball Corporation
BALL
#956
Rank
A$30.39 B
Marketcap
$100.12
Share price
1.14%
Change (1 day)
24.57%
Change (1 year)
Ball Corporation is the world's largest manufacturer of aluminum cans and is also active in the aerospace industry.

P/E ratio for Ball Corporation (BALL)

P/E ratio as of September 2024 (TTM): 34.6

According to Ball Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.6166. At the end of 2022 the company had a P/E ratio of 22.5.

P/E ratio history for Ball Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.5-36.82%
202135.7-31.51%
202052.137.65%
201937.88.57%
201834.85.37%
201733.1-21.62%
201642.217.71%
201535.878.69%
201420.08.67%
201318.57.61%
201217.129.16%
201113.31.83%
201013.04.14%
200912.50.53%
200812.5-23.35%
200716.218.86%
200613.7-13.29%
200515.8-24.38%
200420.834.71%
200315.5-15.97%
200218.4-113.74%
2001-134

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.7-37.43%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6-43.46%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3-29.73%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-54.70%๐Ÿ‡บ๐Ÿ‡ธ USA
47.5 37.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-33.0-195.43%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0-50.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-120-445.29%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.