P/E ratio for Beacon Roofing Supply (BECN)
P/E ratio as of April 2024 (TTM): 18.8
According to Beacon Roofing Supply's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8391. At the end of 2022 the company had a P/E ratio of 9.29.
P/E ratio history for Beacon Roofing Supply from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.29 | -55.76% |
| 2021 | 21.0 | -334.17% |
| 2020 | -8.97 | -74.19% |
| 2019 | -34.8 | -92.33% |
| 2018 | -453 | -1748.83% |
| 2017 | 27.5 | 2.61% |
| 2016 | 26.8 | -27.8% |
| 2015 | 37.1 | 38.79% |
| 2014 | 26.7 | -5.32% |
| 2013 | 28.2 | 34.89% |
| 2012 | 20.9 | 53.13% |
| 2011 | 13.7 | -38.04% |
| 2010 | 22.1 | 26.85% |
| 2009 | 17.4 | 51.61% |
| 2008 | 11.5 | -33.24% |
| 2007 | 17.2 | -6.26% |
| 2006 | 18.3 | -11.95% |
| 2005 | 20.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 POOLCORP POOL | 27.1 | 43.81% | 🇺🇸 USA |
 Huttig Building Products HBP | -357 | -1,993.23% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 15.4 | -18.17% | 🇺🇸 USA |
 Boise Cascade
BCC | 10.8 | -42.69% | 🇺🇸 USA |
 Bluelinx BXC | 10.3 | -45.36% | 🇺🇸 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.