P/E ratio for Avery Dennison (AVY)
P/E ratio as of April 2025 (TTM): 28.8
According to Avery Dennison 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7714. At the end of 2022 the company had a P/E ratio of 19.5.
P/E ratio history for Avery Dennison from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.5 | -19.72% |
| 2021 | 24.3 | 4.27% |
| 2020 | 23.3 | -35.26% |
| 2019 | 35.9 | 115.21% |
| 2018 | 16.7 | -53.74% |
| 2017 | 36.1 | 85.36% |
| 2016 | 19.5 | -6.55% |
| 2015 | 20.8 | 7.26% |
| 2014 | 19.4 | -18.67% |
| 2013 | 23.9 | 43.55% |
| 2012 | 16.6 | 3.9% |
| 2011 | 16.0 | 10.16% |
| 2010 | 14.5 | -401.44% |
| 2009 | -4.83 | -139.95% |
| 2008 | 12.1 | -29.77% |
| 2007 | 17.2 | -5.32% |
| 2006 | 18.2 | -25.4% |
| 2005 | 24.3 | 14.09% |
| 2004 | 21.3 | 2.48% |
| 2003 | 20.8 | -11.01% |
| 2002 | 23.4 | 3.08% |
| 2001 | 22.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -9.76 | -133.91% | 🇺🇸 USA |
 | 28.5 | -1.02% | 🇺🇸 USA |
 | -22.9 | -179.50% | 🇺🇸 USA |
 | -13.5 | -146.80% | 🇺🇸 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.