Asbury Automotive Group
ABG
#2746
Rank
S$6.59 B
Marketcap
$336.67
Share price
0.00%
Change (1 day)
18.62%
Change (1 year)

P/E ratio for Asbury Automotive Group (ABG)

P/E ratio as of November 2024 (TTM): 5.96

According to Asbury Automotive Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.95955. At the end of 2022 the company had a P/E ratio of 4.00.

P/E ratio history for Asbury Automotive Group from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.00-37.99%
20216.45-41.36%
202011.0-5.15%
201911.645.96%
20187.95-16.95%
20179.5716.6%
20168.20-21.41%
201510.4-48.98%
201420.535.18%
201315.125.72%
201212.018.96%
201110.1-35.37%
201015.7-42.95%
200927.5-6617.69%
2008-0.4212-104.39%
20079.59-25.54%
200612.947.05%
20058.76-5.97%
20049.31-30.34%
200313.455.75%
20028.58

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.87 48.87%๐Ÿ‡บ๐Ÿ‡ธ USA
9.33 56.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-48.6-914.94%๐Ÿ‡บ๐Ÿ‡ธ USA
7.01 17.71%๐Ÿ‡บ๐Ÿ‡ธ USA
26.7 348.20%๐Ÿ‡บ๐Ÿ‡ธ USA
9.85 65.31%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4 309.68%๐Ÿ‡บ๐Ÿ‡ธ USA
42.8 618.10%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0 118.09%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.