P/E ratio for Aramark (ARMK)
P/E ratio as of June 2024 (TTM): 15.8
According to Aramark's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7943. At the end of 2022 the company had a P/E ratio of 47.0.
P/E ratio history for Aramark from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.0 | -82.15% |
| 2021 | 263 | -1960.56% |
| 2020 | -14.1 | -145.64% |
| 2019 | 31.0 | 127.93% |
| 2018 | 13.6 | -29.67% |
| 2017 | 19.3 | -29.62% |
| 2016 | 27.5 | -13.1% |
| 2015 | 31.6 | -17.78% |
| 2014 | 38.5 | -50.8% |
| 2013 | 78.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cintas CTAS | 51.5 | 225.79% | 🇺🇸 USA |
 General Electric GE | 18.2 | 15.43% | 🇺🇸 USA |
 UniFirst UNF | 26.8 | 69.99% | 🇺🇸 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.