P/E ratio for AZZ (AZZ)
P/E ratio as of April 2024 (TTM): 89.6
According to AZZ's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 89.5978. At the end of 2022 the company had a P/E ratio of -27.2.
P/E ratio history for AZZ from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -27.2 | -254.26% |
| 2021 | 17.6 | -81.81% |
| 2020 | 96.8 | 443.6% |
| 2019 | 17.8 | 11.64% |
| 2018 | 16.0 | -60.04% |
| 2017 | 39.9 | 56.81% |
| 2016 | 25.5 | 36.52% |
| 2015 | 18.6 | -8.59% |
| 2014 | 20.4 | 2.29% |
| 2013 | 19.9 | 21.17% |
| 2012 | 16.5 | 10.47% |
| 2011 | 14.9 | 0.54% |
| 2010 | 14.8 | 47.28% |
| 2009 | 10.1 | 30.28% |
| 2008 | 7.72 | -37.62% |
| 2007 | 12.4 | -27.46% |
| 2006 | 17.1 | 14.47% |
| 2005 | 14.9 | -22.01% |
| 2004 | 19.1 | 20.29% |
| 2003 | 15.9 | 118.81% |
| 2002 | 7.26 | -44.13% |
| 2001 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 14.8 | -83.45% | 🇺🇸 USA |
 Powell Industries POWL | 48.1 | -46.27% | 🇺🇸 USA |
 Valmont Industries
VMI | 29.1 | -67.49% | 🇺🇸 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.