Ameresco
AMRC
#5199
Rank
$1.20 B
Marketcap
$22.90
Share price
-2.68%
Change (1 day)
-29.28%
Change (1 year)

P/E ratio for Ameresco (AMRC)

P/E ratio as of December 2024 (TTM): 23.3

According to Ameresco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.297. At the end of 2022 the company had a P/E ratio of 31.2.

P/E ratio history for Ameresco from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.2-46.71%
202158.626.74%
202046.2150.96%
201918.47.13%
201817.265.95%
201710.4-52.9%
201622.0-78.88%
2015104242.26%
201430.4-84.25%
2013193707.46%
201223.936.03%
201117.643.05%
201012.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-39.6-270.15%๐Ÿ‡บ๐Ÿ‡ธ USA
17.5-24.90%๐Ÿ‡บ๐Ÿ‡ธ USA
14.2-39.03%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 15.69%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
28.1 20.70%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-54.33%๐Ÿ‡บ๐Ÿ‡ธ 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.