| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 38.22 | 32.43% |
| 2025 | 28.86 | -21.00% |
| 2024 | 36.53 | 17.86% |
| 2023 | 30.99 | -1.37% |
| 2022 | 31.43 | -18.86% |
| 2021 | 38.73 | 27.68% |
| 2020 | 30.34 | 30.41% |
| 2019 | 23.26 | 13.34% |
| 2018 | 20.53 | -14.95% |
| 2017 | 24.13 | 27.09% |
| 2016 | 18.99 | -13.98% |
| 2015 | 22.07 | -7.07% |
| 2014 | 23.75 | 126.64% |
| 2013 | 10.48 | -43.52% |
| 2012 | 18.56 | 35.40% |
| 2011 | 13.71 | -49.19% |
| 2010 | 26.98 | -18.92% |
| 2009 | 33.27 | 168.75% |
| 2008 | 12.38 | -38.73% |
| 2007 | 20.21 | -26.89% |
| 2006 | 27.64 | 60.02% |
| 2005 | 17.27 | -3.03% |
| 2004 | 17.81 | -57.38% |
| 2003 | 41.79 | -4.93% |
| 2002 | 43.96 | 1.40% |
| 2001 | 43.35 | -7.94% |
| 2000 | 47.09 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 62.57 | 63.71% |
US
|
|
| 107.05 | 180.11% |
DE
|
|
| 28.63 | -25.08% |
US
|
|
| 43.53 | 13.89% |
CH
|
|
| 25.26 | -33.90% |
US
|
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.