Ares Management
ARES
#380
Rank
C$74.69 B
Marketcap
$236.97
Share price
1.25%
Change (1 day)
59.38%
Change (1 year)

P/E ratio for Ares Management (ARES)

P/E ratio as of November 2024 (TTM): 103

According to Ares Management 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 102.639. At the end of 2022 the company had a P/E ratio of 78.7.

P/E ratio history for Ares Management from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202278.7113.92%
202136.8-35.91%
202057.478.45%
201932.2-40.32%
201853.967.02%
201732.3104.97%
201615.7-70.51%
201553.4196.6%
201418.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.6-78.94%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-87.53%๐Ÿ‡บ๐Ÿ‡ธ USA
12.7-87.60%๐Ÿ‡บ๐Ÿ‡ธ USA
37.3-63.68%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.