Berry Global
BERY
#2097
Rank
โ‚น628.10 B
Marketcap
โ‚น5,452
Share price
-0.76%
Change (1 day)
5.19%
Change (1 year)

P/E ratio for Berry Global (BERY)

P/E ratio as of December 2024 (TTM): 12.0

According to Berry Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.9553. At the end of 2022 the company had a P/E ratio of 9.45.

P/E ratio history for Berry Global from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.45-25.21%
202112.618.32%
202010.7-32.39%
201915.816.21%
201813.6-12.68%
201715.6-18.92%
201619.2-63%
201551.95.72%
201449.143.86%
201334.1-32.04%
201250.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.6 30.08%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0 67.23%๐Ÿ‡บ๐Ÿ‡ธ USA
36.9 208.41%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 81.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.69-181.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.5-196.25%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.