P/E ratio for Ball Corporation (BALL)
P/E ratio as of April 2024 (TTM): 33.5
According to Ball Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.4819. 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 |
|---|---|---|
| 2022 | 22.5 | -36.82% |
| 2021 | 35.7 | -31.51% |
| 2020 | 52.1 | 37.65% |
| 2019 | 37.8 | 8.57% |
| 2018 | 34.8 | 5.37% |
| 2017 | 33.1 | -21.62% |
| 2016 | 42.2 | 17.71% |
| 2015 | 35.8 | 78.69% |
| 2014 | 20.0 | 8.67% |
| 2013 | 18.5 | 7.61% |
| 2012 | 17.1 | 29.16% |
| 2011 | 13.3 | 1.83% |
| 2010 | 13.0 | 4.14% |
| 2009 | 12.5 | 0.53% |
| 2008 | 12.5 | -23.35% |
| 2007 | 16.2 | 18.86% |
| 2006 | 13.7 | -13.29% |
| 2005 | 15.8 | -24.38% |
| 2004 | 20.8 | 34.71% |
| 2003 | 15.5 | -15.97% |
| 2002 | 18.4 | -113.74% |
| 2001 | -134 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boeing BA | -35.7 | -206.64% | 🇺🇸 USA |
 Northrop Grumman NOC | 14.8 | -55.88% | 🇺🇸 USA |
 Packaging Corporation of America
PKG | 20.7 | -38.30% | 🇺🇸 USA |
 Molson Coors TAP | 55.4 | 65.34% | 🇺🇸 USA |
 Sealed Air
SEE | 14.8 | -55.70% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 18.1 | -45.93% | 🇺🇸 USA |
 Crown Holdings
CCK | 17.9 | -46.45% | 🇺🇸 USA |
 Rocket Companies
RKT | -68.6 | -305.03% | 🇺🇸 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.