P/E ratio for QXO, Inc. (QXO)
P/E ratio as of March 2025 (TTM): -1.12
According to QXO, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.1152. At the end of 2023 the company had a P/E ratio of -85.6.
P/E ratio history for QXO, Inc. from 2012 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -85.6 | 44.51% |
| 2022 | -59.2 | -60% |
| 2021 | -148 | -297.99% |
| 2020 | 74.8 | 2587.44% |
| 2019 | 2.78 | -92.81% |
| 2018 | 38.7 | -200.55% |
| 2017 | -38.5 | -1099.82% |
| 2016 | 3.85 | -86.15% |
| 2015 | 27.8 | 503.86% |
| 2014 | 4.60 | 183.11% |
| 2013 | 1.62 | -506.2% |
| 2012 | -0.4000 |
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.