Acco Brands
ACCO
#6616
Rank
โ‚น42.37 B
Marketcap
โ‚น442.32
Share price
7.35%
Change (1 day)
2.57%
Change (1 year)

P/E ratio for Acco Brands (ACCO)

P/E ratio as of November 2024 (TTM): -18.1

According to Acco Brands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.1207. At the end of 2022 the company had a P/E ratio of -37.3.

P/E ratio history for Acco Brands from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-37.3-582.75%
20217.72-40.62%
202013.050%
20198.6730.38%
20186.65-34.07%
201710.1-30.46%
201614.562.69%
20158.91-19.88%
201411.110.9%
201310.022.98%
20128.16-13.8%
20119.46-74.46%
201037.0-1285.59%
2009-3.12466.03%
2008-0.5520-99.9%
2007-553-392.54%
20061891042.15%
200516.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-8.14-55.10%๐Ÿ‡บ๐Ÿ‡ธ USA
34.8-292.27%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
-9.55-47.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.60-63.59%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.