Clorox
CLX
#989
Rank
$19.00 B
Marketcap
$153.11
Share price
0.24%
Change (1 day)
-2.22%
Change (1 year)

P/E ratio for Clorox (CLX)

P/E ratio as of March 2024 (TTM): 219

According to Clorox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 218.729. At the end of 2022 the company had a P/E ratio of 39.8.

P/E ratio history for Clorox from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202239.8-54.17%
202186.7317.15%
202020.8-12.51%
201923.8-5.17%
201825.14.3%
201724.01.71%
201623.6-1.83%
201524.1-7.16%
201425.921.01%
201321.426.39%
201216.95.68%
201116.03.41%
201015.56.53%
200914.6-11.17%
200816.4-15.5%
200719.4-8.09%
200621.117.21%
200518.076.58%
200410.2-51.29%
200320.9-4.1%
200221.8-31.57%
200131.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.6-88.28%๐Ÿ‡บ๐Ÿ‡ธ USA
57.3-73.80%๐Ÿ‡บ๐Ÿ‡ธ USA
46.7-78.67%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.