Adidas
ADS.DE
#500
Rank
NZ$70.13 B
Marketcap
$392.80
Share price
-1.75%
Change (1 day)
28.00%
Change (1 year)
Adidas AG is a German sporting goods manufacturer based in Herzogenaurach near Nuremberg.

P/E ratio for Adidas (ADS.DE)

P/E ratio as of November 2024 (TTM): -299

According to Adidas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -299.388. At the end of 2022 the company had a P/E ratio of 38.4.

P/E ratio history for Adidas from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202238.465.27%
202123.2-82.69%
2020134363.04%
201929.032.8%
201821.8-29.24%
201730.84.34%
201629.63.55%
201528.532.76%
201421.5-12.97%
201324.7-8.11%
201226.956.73%
201117.2-5.27%
201018.1-40.55%
200930.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.2-107.75%๐Ÿ‡บ๐Ÿ‡ธ USA
22.4-107.49%๐Ÿ‡ฉ๐Ÿ‡ช 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.