Dow
DOW
#469
Rank
$36.50 B
Marketcap
$51.61
Share price
5.33%
Change (1 day)
-24.21%
Change (1 year)

P/E ratio for Dow (DOW)

P/E ratio as of June 2023 (TTM): 12.8

According to Dow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.776. At the end of 2021 the company had a P/E ratio of 6.72.

P/E ratio history for Dow from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.72-80.26%
202034.0-216.26%
2019-29.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.0 1.56%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9 102.59%๐Ÿ‡บ๐Ÿ‡ธ USA
7.16-43.96%๐Ÿ‡บ๐Ÿ‡ธ USA
6.26-51.00%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6 45.71%๐Ÿ‡บ๐Ÿ‡ธ USA
7.71-39.66%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9 1.30%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6 69.07%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.