AkzoNobel
AKZA.AS
#1666
Rank
HK$77.35 B
Marketcap
HK$452.95
Share price
-0.57%
Change (1 day)
-28.95%
Change (1 year)
AkzoNobel is a Dutch paint and coatings manufacturing company.

P/E ratio for AkzoNobel (AKZA.AS)

P/E ratio as of December 2024 (TTM): 22.5

According to AkzoNobel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5432. At the end of 2022 the company had a P/E ratio of 31.3.

P/E ratio history for AkzoNobel from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.345.22%
202121.5-19.1%
202026.6-24.51%
201935.31188%
20182.74-87.66%
201722.244.21%
201615.4-2.59%
201515.8-38.93%
201425.937.36%
201318.8-432.11%
2012-5.67-130.96%
201118.3-1.23%
201018.5-50.84%
200937.7-661.24%
2008-6.72-515.02%
20071.62-85.91%
200611.5-1.73%
200511.723.71%
20049.46-34.74%
200314.537.1%
200210.6-52.11%
200122.1

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.