P/E ratio for Autoliv (ALV)
P/E ratio as of April 2024 (TTM): 23.6
According to Autoliv's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5794. At the end of 2022 the company had a P/E ratio of 15.7.
P/E ratio history for Autoliv from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.7 | -24.34% |
| 2021 | 20.8 | -51.56% |
| 2020 | 42.9 | 168.87% |
| 2019 | 16.0 | -50.02% |
| 2018 | 31.9 | 69.8% |
| 2017 | 18.8 | 48.06% |
| 2016 | 12.7 | -26.83% |
| 2015 | 17.4 | 15.53% |
| 2014 | 15.0 | 15.37% |
| 2013 | 13.0 | 38.1% |
| 2012 | 9.43 | 71% |
| 2011 | 5.51 | -34.47% |
| 2010 | 8.41 | -99.73% |
| 2009 | > 1000 | 45967.47% |
| 2008 | 6.78 | -33.93% |
| 2007 | 10.3 | 15.76% |
| 2006 | 8.87 | -11.4% |
| 2005 | 10.0 | 0.36% |
| 2004 | 9.97 | 2.92% |
| 2003 | 9.69 | 18.21% |
| 2002 | 8.20 | -72.6% |
| 2001 | 29.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Toyota TM | 11.5 | -51.18% | 🇯🇵 Japan |
 Johnson Controls
JCI | 21.2 | -10.00% | 🇮🇪 Ireland |
 Visteon VC | 19.7 | -16.66% | 🇺🇸 USA |
 Gentex GNTX | 19.6 | -16.72% | 🇺🇸 USA |
 Magna International MGA | 14.7 | -37.57% | 🇨🇦 Canada |
 Lear Corporation
LEA | 13.8 | -41.56% | 🇺🇸 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.