P/E ratio for Ethan Allen (ETD)
P/E ratio as of October 2023 (TTM): 7.22
According to Ethan Allen 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.22265. At the end of 2021 the company had a P/E ratio of 8.24.
P/E ratio history for Ethan Allen from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.24 | -77.64% |
| 2020 | 36.9 | 89.53% |
| 2019 | 19.4 | 45.95% |
| 2018 | 13.3 | -38.96% |
| 2017 | 21.8 | 5.46% |
| 2016 | 20.7 | 16.83% |
| 2015 | 17.7 | -12.46% |
| 2014 | 20.2 | -24.14% |
| 2013 | 26.7 | 96.16% |
| 2012 | 13.6 | -48.94% |
| 2011 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Williams-Sonoma WSM | 10.5 | 46.03% | 🇺🇸 USA |
 Flexsteel Industries FLXS | 7.12 | -1.47% | 🇺🇸 USA |
 Bed Bath & Beyond BBBY | -0.0049 | -100.07% | 🇺🇸 USA |
 Bassett Furniture BSET | 8.08 | 11.86% | 🇺🇸 USA |
 Havertys HVT | 6.40 | -11.38% | 🇺🇸 USA |
 Tempur Sealy TPX | 17.8 | 146.11% | 🇺🇸 USA |
 La-Z-Boy
LZB | 9.61 | 33.03% | 🇺🇸 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.