According to AstraZeneca's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.4887. At the end of 2022 the company had a P/E ratio of 64.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 64.0 | -84.08% |
2021 | 402 | 880.4% |
2020 | 41.0 | -57.68% |
2019 | 96.8 | 116.68% |
2018 | 44.7 | 52.59% |
2017 | 29.3 | 48.32% |
2016 | 19.7 | -35.16% |
2015 | 30.4 | -57.6% |
2014 | 71.8 | 146.77% |
2013 | 29.1 | 205.99% |
2012 | 9.51 | 50.61% |
2011 | 6.32 | -23.44% |
2010 | 8.25 | -8.8% |
2009 | 9.04 | -7.42% |
2008 | 9.77 | -14.67% |
2007 | 11.4 | -17.47% |
2006 | 13.9 | -16.93% |
2005 | 16.7 | 2135.52% |
2004 | 0.7471 | -97.27% |
2003 | 27.3 | 27.75% |
2002 | 21.4 | -25.68% |
2001 | 28.8 |
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.