Ball Corporation
BALL
#973
Rank
$17.02 B
Marketcap
$54.13
Share price
-0.57%
Change (1 day)
-26.62%
Change (1 year)
Ball Corporation is the world's largest manufacturer of aluminum cans and is also active in the aerospace industry.

P/E ratio for Ball Corporation (BALL)

P/E ratio as of June 2023 (TTM): 37.6

According to Ball Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.5903. At the end of 2021 the company had a P/E ratio of 35.7.

P/E ratio history for Ball Corporation from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202135.7-31.51%
202052.137.65%
201937.88.57%
201834.85.37%
201733.1-21.62%
201642.217.71%
201535.878.69%
201420.08.67%
201318.57.61%
201217.129.16%
201113.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-30.2-180.26%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8-49.88%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-67.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-54.1-243.86%๐Ÿ‡บ๐Ÿ‡ธ USA
14.2-62.22%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-59.42%๐Ÿ‡บ๐Ÿ‡ธ USA
16.1-57.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-41.6-210.53%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.