P/E ratio for Ahold Delhaize (AD.AS)
P/E ratio as of May 2024 (TTM): 12.2
According to Ahold Delhaize's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1624. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Ahold Delhaize from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | -23.86% |
| 2021 | 13.8 | -21.64% |
| 2020 | 17.6 | 26.6% |
| 2019 | 13.9 | -4.68% |
| 2018 | 14.6 | 15.61% |
| 2017 | 12.6 | -47.6% |
| 2016 | 24.1 | 29.81% |
| 2015 | 18.6 | |
| 2012 | 11.5 | |
| 2010 | 13.8 |
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.