The Andersons
ANDE
#4657
Rank
$1.64 B
Marketcap
$48.26
Share price
2.60%
Change (1 day)
-7.49%
Change (1 year)

P/E ratio for The Andersons (ANDE)

P/E ratio as of November 2024 (TTM): 18.9

According to The Andersons's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8543. At the end of 2022 the company had a P/E ratio of 9.04.

P/E ratio history for The Andersons from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.04-26.66%
202112.3-88.93%
2020111146.79%
201945.1122.01%
201820.3-4.04%
201721.2-80.56%
2016109-268.9%
2015-64.6-566.46%
201413.8-25.43%
201318.684.93%
201210.017.52%
20118.54-17.31%
201010.3-16.01%
200912.335.78%
20089.05-21.98%
200711.6-37.99%
200618.752.92%
200512.226.71%
20049.66-1.41%
20039.8028.83%
20027.60-6.46%
20018.13

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.02-62.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.50-150.37%๐Ÿ‡บ๐Ÿ‡ธ USA
4.15-78.01%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-14.14%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-38.56%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.