Avantor
AVTR
#1073
Rank
$15.02 B
Marketcap
$22.28
Share price
4.55%
Change (1 day)
-43.57%
Change (1 year)
Avantor, is an American supplier of ultra-high-purity materials to the life sciences and advanced technology industries.

P/E ratio for Avantor (AVTR)

P/E ratio as of December 2022 (TTM): 23.5

According to Avantor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4526. At the end of 2021 the company had a P/E ratio of 49.0.

P/E ratio history for Avantor from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202149.0-84.33%
2020313-1616.5%
2019-20.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.5 0.00%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.