P/E ratio for AstraZeneca (AZN)

P/E ratio history for AstraZeneca from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Johnson & Johnson JNJ	41.3	48.06%	🇺🇸 USA
Novartis NVS	31.0	10.94%	🇨🇭 Switzerland
Pfizer PFE	38.7	38.56%	🇺🇸 USA
Abbott Laboratories ABT	40.6	45.65%	🇺🇸 USA
Eli Lilly LLY	43.9	57.18%	🇺🇸 USA
Sanofi SNY	24.7	-11.43%	🇫🇷 France
Biogen BIIB	105	277.06%	🇺🇸 USA
Merck MRK	148	429.61%	🇺🇸 USA
Bristol-Myers Squibb BMY	13.7	-50.74%	🇺🇸 USA
GSK plc GSK	17.5	-37.32%	🇬🇧 UK

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.