P/E ratio for AmerisourceBergen (ABC)

P/E ratio history for AmerisourceBergen from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Cardinal Health CAH	112	417.75%	🇺🇸 USA
McKesson MCK	20.7	-4.82%	🇺🇸 USA
Henry Schein HSIC	20.9	-3.86%	🇺🇸 USA
Owens & Minor OMI	-9.92	-145.70%	🇺🇸 USA
Herbalife HLF	4.36	-79.90%	🇺🇸 USA
Patterson Companies PDCO	9.40	-56.69%	🇺🇸 USA
CVS Health CVS	8.28	-61.84%	🇺🇸 USA
Rite Aid RAD	-0.0219	-100.10%	🇺🇸 USA
Omnicell OMCL	-63.6	-392.93%	🇺🇸 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.