adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.
P/E ratio for adidas AG (ADS.DE)
P/E ratio as of 2023: -271.97
According to adidas AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -271.97. At the end of 2022 the company had a P/E ratio of 91.96.
P/E ratio history for adidas AG from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -271.97 |
| 2022 | 91.96 |
| 2021 | 32.95 |
| 2020 | 134.58 |
| 2019 | 28.98 |
| 2018 | 21.86 |
| 2017 | 30.84 |
| 2016 | 29.56 |
| 2015 | 28.58 |
| 2014 | 24.55 |
| 2013 | 24.63 |
| 2012 | 26.84 |
| 2011 | 15.67 |
| 2010 | 18.04 |
| 2009 | 30.25 |
| 2008 | 8.33 |
| 2007 | 18.34 |
| 2006 | 15.55 |
| 2005 | 19.15 |
| 2004 | 16.76 |
| 2003 | 15.12 |
| 2002 | 16.34 |