Dow
DOW
#656
Rank
โ‚ฌ29.22 B
Marketcap
41,75ย โ‚ฌ
Share price
0.64%
Change (1 day)
-11.57%
Change (1 year)

P/E ratio for Dow (DOW)

P/E ratio as of November 2024 (TTM): 23.9

According to Dow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.875. At the end of 2022 the company had a P/E ratio of 8.01.

P/E ratio history for Dow from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.0119.21%
20216.72-80.26%
202034.0-215.09%
2019-29.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.45-64.62%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-28.36%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-13.70%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6-43.07%๐Ÿ‡บ๐Ÿ‡ธ USA
41.3 73.06%๐Ÿ‡บ๐Ÿ‡ธ USA
14.5-39.19%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-15.47%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-49.95%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.