Anthem
ANTM
#138
Rank
C$162.42 B
Marketcap
$673.74
Share price
2.71%
Change (1 day)
28.42%
Change (1 year)

P/E ratio for Anthem (ANTM)

P/E ratio on April 29, 2022 (TTM): 18.8

According to Anthem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7681. At the end of 2021 the company had a P/E ratio of 18.5.

P/E ratio history for Anthem from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.54.83%
202017.710.03%
201916.1
201715.2-0.4%
201615.36.74%
201514.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.4-2.06%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7 37.14%๐Ÿ‡บ๐Ÿ‡ธ USA
13.3-28.91%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2-35.17%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.