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	115	428.19%	🇺🇸 USA
McKesson MCK	22.1	1.73%	🇺🇸 USA
Henry Schein HSIC	21.2	-2.30%	🇺🇸 USA
Owens & Minor OMI	-10.3	-147.38%	🇺🇸 USA
Herbalife HLF	3.79	-82.56%	🇺🇸 USA
Patterson Companies PDCO	14.0	-35.60%	🇺🇸 USA
CVS Health CVS	6.61	-69.54%	🇺🇸 USA
Rite Aid RAD	-0.0219	-100.10%	🇺🇸 USA
Omnicell OMCL	-58.7	-370.44%	🇺🇸 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.