P/E ratio for The Andersons (ANDE)
P/E ratio as of June 2024 (TTM): 20.4
According to The Andersons's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3622. At the end of 2022 the company had a P/E ratio of 9.04.
P/E ratio history for The Andersons from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.04 | -26.66% |
| 2021 | 12.3 | -88.93% |
| 2020 | 111 | 146.79% |
| 2019 | 45.1 | 122.01% |
| 2018 | 20.3 | -4.04% |
| 2017 | 21.2 | -80.56% |
| 2016 | 109 | -268.9% |
| 2015 | -64.6 | -566.46% |
| 2014 | 13.8 | -25.43% |
| 2013 | 18.6 | 84.93% |
| 2012 | 10.0 | 17.52% |
| 2011 | 8.54 | -17.31% |
| 2010 | 10.3 | -16.01% |
| 2009 | 12.3 | 35.78% |
| 2008 | 9.05 | -21.98% |
| 2007 | 11.6 | -37.99% |
| 2006 | 18.7 | 52.92% |
| 2005 | 12.2 | 26.71% |
| 2004 | 9.66 | -1.41% |
| 2003 | 9.80 | 28.83% |
| 2002 | 7.60 | -6.46% |
| 2001 | 8.13 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 12.4 | -38.95% | 🇺🇸 USA |
 The Mosaic Company MOS | 4.69 | -76.94% | 🇺🇸 USA |
 Alico
ALCO | -10.1 | -149.39% | 🇺🇸 USA |
 Universal Corporation
UVV | 10.2 | -50.04% | 🇺🇸 USA |
 Bunge BG | 8.04 | -60.53% | 🇺🇸 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.