Artisan Partners
APAM
#3423
Rank
โ‚ฌ3.19 B
Marketcap
45,66ย โ‚ฌ
Share price
0.51%
Change (1 day)
34.73%
Change (1 year)

P/E ratio for Artisan Partners (APAM)

P/E ratio as of November 2024 (TTM): 15.9

According to Artisan Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9433. At the end of 2022 the company had a P/E ratio of 10.1.

P/E ratio history for Artisan Partners from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.17.88%
20219.40-37.84%
202015.121.61%
201912.457.98%
20187.87-84.86%
201752.0172.53%
201619.1-2.69%
201519.6-127.92%
2014-70.2-53.71%
2013-152

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
38.6 142.09%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-32.08%๐Ÿ‡บ๐Ÿ‡ธ USA
47.3 196.68%๐Ÿ‡บ๐Ÿ‡ธ USA
111 596.57%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.