Allison Transmission
ALSN
#1668
Rank
NZ$17.23 B
Marketcap
$199.01
Share price
0.80%
Change (1 day)
120.63%
Change (1 year)

P/E ratio for Allison Transmission (ALSN)

P/E ratio as of November 2024 (TTM): 16.8

According to Allison Transmission 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.826. At the end of 2022 the company had a P/E ratio of 7.48.

P/E ratio history for Allison Transmission from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.48-14.79%
20218.78-46.66%
202016.568.3%
20199.787.37%
20189.11-27.45%
201712.6-52.29%
201626.34.71%
201525.1-5.83%
201426.7-12.99%
201330.7326.66%
20127.19

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.83-59.39%๐Ÿ‡ฌ๐Ÿ‡ง UK
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
7.34-56.35%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4-38.27%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 60.25%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.