P/E ratio for Perrigo (PRGO)
P/E ratio as of April 2025 (TTM): -48.4
According to Perrigo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -48.44. At the end of 2022 the company had a P/E ratio of -32.8.
P/E ratio history for Perrigo from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -32.8 | -57.03% |
| 2021 | -76.3 | 104.67% |
| 2020 | -37.3 | -177.91% |
| 2019 | 47.8 | 14.8% |
| 2018 | 41.7 | -60.32% |
| 2017 | 105 | -3284.55% |
| 2016 | -3.30 | -99.45% |
| 2015 | -603 | -1164.01% |
| 2014 | 56.7 | 1.91% |
| 2013 | 55.6 | 153.34% |
| 2012 | 21.9 | -16.32% |
| 2011 | 26.2 | 24.65% |
| 2010 | 21.0 | 10.93% |
| 2009 | 19.0 | -17.23% |
| 2008 | 22.9 | -26.04% |
| 2007 | 31.0 | 37.9% |
| 2006 | 22.5 | -778.09% |
| 2005 | -3.31 | -116.12% |
| 2004 | 20.6 | 37.33% |
| 2003 | 15.0 | -5.12% |
| 2002 | 15.8 | -23.91% |
| 2001 | 20.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 14.7 | -130.28% | 🇺🇸 USA |
 | 2.97 | -106.14% | 🇺🇸 USA |
 | -49.2 | 1.59% | 🇺🇸 USA |
 | -0.0001 | -100.00% | 🇮🇪 Ireland |
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.