Procter & Gamble
PG
#22
Rank
$297.90 B
Marketcap
$124.88
Share price
-1.27%
Change (1 day)
-11.55%
Change (1 year)

The Procter & Gamble Company is an American consumer goods group with headquarters in Cincinnati, Ohio, which is represented in 70 countries.

P/E ratio for Procter & Gamble (PG)

P/E ratio as of October 2022 (TTM): 21.1

According to Procter & Gamble's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.1152. At the end of 2021 the company had a P/E ratio of 28.0.

P/E ratio history for Procter & Gamble from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202128.010.12%
202025.4-62.73%
201968.3212.6%
201821.8-8.51%
201723.962.07%
201614.7-43.81%
201526.2-1.6%
201426.627.92%
201320.841.08%
201214.8

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.