Dow
DOW
#563
Rank
NZ$57.41 B
Marketcap
$81.92
Share price
-1.23%
Change (1 day)
-10.94%
Change (1 year)

P/E ratio for Dow (DOW)

P/E ratio as of September 2024 (TTM): 27.6

According to Dow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6087. At the end of 2022 the company had a P/E ratio of 8.01.

P/E ratio history for Dow from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.0119.21%
20216.72-80.26%
202034.0-215.09%
2019-29.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.17-70.40%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3-30.12%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-28.44%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4-47.77%๐Ÿ‡บ๐Ÿ‡ธ USA
45.5 64.84%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-43.64%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-24.55%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1-59.73%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.