P/E ratio for Adient (ADNT)
P/E ratio as of May 2024 (TTM): 23.8
According to Adient 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7833. At the end of 2022 the company had a P/E ratio of -61.3.
P/E ratio history for Adient from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -61.3 | -1327.09% |
| 2021 | 5.00 | -135.12% |
| 2020 | -14.2 | 358.05% |
| 2019 | -3.11 | 228.41% |
| 2018 | -0.9460 | -106.67% |
| 2017 | 14.2 | -498.79% |
| 2016 | -3.56 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lear Corporation
LEA | 13.7 | -42.28% | 🇺🇸 USA |
 Adient
ADNT | 23.8 | 0.00% | 🇮🇪 Ireland |
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.