Ball Corporation
BALL
#1065
Rank
NZ$31.07 B
Marketcap
$104.13
Share price
0.68%
Change (1 day)
17.29%
Change (1 year)
Ball Corporation is the world's largest manufacturer of aluminum cans and is also active in the aerospace industry.

P/E ratio for Ball Corporation (BALL)

P/E ratio as of November 2024 (TTM): 31.5

According to Ball Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.5181. At the end of 2022 the company had a P/E ratio of 22.5.

P/E ratio history for Ball Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.5-36.82%
202135.7-31.51%
202052.137.65%
201937.88.57%
201834.85.37%
201733.1-21.62%
201642.217.71%
201535.878.69%
201420.08.67%
201318.57.61%
201217.129.16%
201113.31.83%
201013.04.14%
200912.50.53%
200812.5-23.35%
200716.218.86%
200613.7-13.29%
200515.8-24.38%
200420.834.71%
200315.5-15.97%
200218.4-113.74%
2001-134

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.4-32.06%๐Ÿ‡บ๐Ÿ‡ธ USA
21.3-32.41%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1-10.85%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-47.81%๐Ÿ‡บ๐Ÿ‡ธ USA
51.7 63.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-30.5-196.81%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-48.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-80.1-354.01%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.