According to Avis Budget Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.80341. At the end of 2022 the company had a P/E ratio of 2.81.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.81 | -72.09% |
2021 | 10.1 | -362.07% |
2020 | -3.84 | -148.21% |
2019 | 7.96 | -24.93% |
2018 | 10.6 | 7.54% |
2017 | 9.86 | -50.8% |
2016 | 20.0 | 66.25% |
2015 | 12.1 | -57.47% |
2014 | 28.3 | -90.18% |
2013 | 289 | 3847.61% |
2012 | 7.31 | -119.1% |
2011 | -38.3 | -230.41% |
2010 | 29.4 | -202.93% |
2009 | -28.5 | 45005.09% |
2008 | -0.0632 | -95.68% |
2007 | -1.46 | 33.84% |
2006 | -1.09 | -151.28% |
2005 | 2.13 | 15.12% |
2004 | 1.85 | -40.2% |
2003 | 3.10 | 41.73% |
2002 | 2.19 | -74.22% |
2001 | 8.48 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
16.8 | 832.05% | ๐บ๐ธ USA | |
6.29 | 248.91% | ๐บ๐ธ USA | |
9.29 | 415.08% | 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.