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 April 2024 (TTM): 24.8
According to Procter & Gamble's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.8483. At the end of 2022 the company had a P/E ratio of 25.9.
P/E ratio history for Procter & Gamble from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.9 | -7.66% |
| 2021 | 28.0 | 10.12% |
| 2020 | 25.4 | -62.73% |
| 2019 | 68.3 | 212.6% |
| 2018 | 21.8 | -8.51% |
| 2017 | 23.9 | 62.07% |
| 2016 | 14.7 | -43.81% |
| 2015 | 26.2 | -1.6% |
| 2014 | 26.6 | 27.92% |
| 2013 | 20.8 | 41.08% |
| 2012 | 14.8 | -21.24% |
| 2011 | 18.7 | 12.73% |
| 2010 | 16.6 | 20.91% |
| 2009 | 13.7 | 2.75% |
| 2008 | 13.4 | -36.21% |
| 2007 | 21.0 | -3.06% |
| 2006 | 21.6 | 3.19% |
| 2005 | 21.0 | -4.82% |
| 2004 | 22.0 | -9.78% |
| 2003 | 24.4 | 4.85% |
| 2002 | 23.3 | -35.25% |
| 2001 | 36.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 10.3 | -58.36% | 🇺🇸 USA |
 Church & Dwight
CHD | 56.7 | 128.20% | 🇺🇸 USA |
 Clorox CLX | 205 | 723.28% | 🇺🇸 USA |
 Colgate-Palmolive CL | 44.9 | 80.81% | 🇺🇸 USA |
 Estee Lauder EL | 94.0 | 278.43% | 🇺🇸 USA |
 Kimberly-Clark KMB | 24.1 | -3.16% | 🇺🇸 USA |
 Unilever UL | 23.5 | -5.29% | 🇬🇧 UK |
 Revlon REVRQ | -0.0057 | -100.02% | 🇺🇸 USA |
 Helen of Troy HELE | 17.1 | -31.11% | 🇺🇸 USA |
 Energizer Holdings
ENR | -8.23 | -133.11% | 🇺🇸 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.