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 2023 (TTM): 24.1
According to Procter & Gamble's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.1485. 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 |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 31.6 | 30.66% | 🇺🇸 USA |
 Church & Dwight
CHD | 50.5 | 109.08% | 🇺🇸 USA |
 Clorox CLX | 105 | 336.57% | 🇺🇸 USA |
 Colgate-Palmolive CL | 39.4 | 63.15% | 🇺🇸 USA |
 Estee Lauder EL | 50.3 | 108.45% | 🇺🇸 USA |
 Kimberly-Clark KMB | 25.0 | 3.61% | 🇺🇸 USA |
 Unilever UL | 24.7 | 2.34% | 🇬🇧 UK |
 Revlon REVRQ | -0.0057 | -100.02% | 🇺🇸 USA |
 Helen of Troy HELE | 19.8 | -18.14% | 🇺🇸 USA |
 Energizer Holdings
ENR | -9.50 | -139.33% | 🇺🇸 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.