According to ArcBest's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2306. At the end of 2022 the company had a P/E ratio of 5.78.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.78 | -59.59% |
2021 | 14.3 | -6.82% |
2020 | 15.3 | -13.25% |
2019 | 17.7 | 34.78% |
2018 | 13.1 | -15.18% |
2017 | 15.5 | -60.26% |
2016 | 38.9 | 211.33% |
2015 | 12.5 | -54.68% |
2014 | 27.6 | -54.11% |
2013 | 60.1 | -314.12% |
2012 | -28.1 | -129.15% |
2011 | 96.4 | -556.8% |
2010 | -21.1 | 266.95% |
2009 | -5.75 | -122.72% |
2008 | 25.3 | 162.94% |
2007 | 9.62 | -10.45% |
2006 | 10.7 | 1.85% |
2005 | 10.6 | -29.49% |
2004 | 15.0 | -12.4% |
2003 | 17.1 | -56.27% |
2002 | 39.1 | 132.95% |
2001 | 16.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
15.6 | 27.90% | ๐บ๐ธ USA | |
23.4 | 91.30% | ๐บ๐ธ USA | |
35.4 | 189.75% | ๐บ๐ธ USA | |
16.5 | 35.07% | ๐บ๐ธ USA | |
7.73 | -36.81% | ๐บ๐ธ USA |
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.