P/E ratio for ABB (ABBN.SW)

P/E ratio history for ABB from 2002 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
General Electric GE	21.7	-18.95%	🇺🇸 USA
Emerson EMR	5.55	-79.24%	🇺🇸 USA
Honeywell HON	26.9	0.71%	🇺🇸 USA
Illinois Tool Works ITW	26.3	-1.48%	🇺🇸 USA
Siemens SIE.DE	16.6	-37.94%	🇩🇪 Germany

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.