P/E ratio for Aaron's (AAN)
P/E ratio as of May 2024 (TTM): 24.3
According to Aaron's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.3226. At the end of 2022 the company had a P/E ratio of -66.4.
P/E ratio history for Aaron's from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -66.4 | -991.47% |
| 2021 | 7.45 | -409.41% |
| 2020 | -2.41 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Best Buy BBY | 12.6 | -48.07% | 🇺🇸 USA |
 Williams-Sonoma WSM | 21.4 | -12.08% | 🇺🇸 USA |
 Rent-A-Center
RCII | 112 | 358.76% | 🇺🇸 USA |
 Conn's
CONN | -0.6274 | -102.58% | 🇺🇸 USA |
 GameStop
GME | -922 | -3,892.08% | 🇺🇸 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.