P/E ratio for Steel Partners (SPLP)
P/E ratio as of June 2024 (TTM): 4.26
According to Steel Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.25762. At the end of 2022 the company had a P/E ratio of 4.77.
P/E ratio history for Steel Partners from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.77 | -31.46% |
| 2021 | 6.95 | 114.75% |
| 2020 | 3.24 | -101.87% |
| 2019 | -173 | 1512.47% |
| 2018 | -10.7 | -99.97% |
| 2017 | < -1000 | -51455.47% |
| 2016 | 62.0 | 1792.55% |
| 2015 | 3.28 | -104.08% |
| 2014 | -80.3 | -396.11% |
| 2013 | 27.1 | 193.26% |
| 2012 | 9.24 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 RBC Bearings RBC | 53.8 | 1,163.20% | 🇺🇸 USA |
 CompX International CIX | 14.7 | 244.62% | 🇺🇸 USA |
 Timken Company
TKR | 14.4 | 237.77% | 🇺🇸 USA |
 Simpson Manufacturing Company
SSD | 20.1 | 371.12% | 🇺🇸 USA |
 Mueller Industries
MLI | 10.4 | 144.75% | 🇺🇸 USA |
 Barnes Group B | 80.4 | 1,788.77% | 🇺🇸 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.