P/E ratio for Clorox (CLX)
P/E ratio as of September 2023 (TTM): 112
According to Clorox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 111.852. At the end of 2021 the company had a P/E ratio of 86.7.
P/E ratio history for Clorox from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 86.7 | 317.15% |
| 2020 | 20.8 | -12.51% |
| 2019 | 23.8 | -5.17% |
| 2018 | 25.1 | 4.3% |
| 2017 | 24.0 | 1.71% |
| 2016 | 23.6 | -1.83% |
| 2015 | 24.1 | -7.16% |
| 2014 | 25.9 | 21.01% |
| 2013 | 21.4 | 26.39% |
| 2012 | 16.9 | 5.68% |
| 2011 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Procter & Gamble PG | 25.3 | -77.36% | 🇺🇸 USA |
 Church & Dwight
CHD | 52.3 | -53.28% | 🇺🇸 USA |
 Colgate-Palmolive CL | 40.8 | -63.57% | 🇺🇸 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.