Beacon Roofing Supply
BECN
#2721
Rank
$3.93 B
Marketcap
$60.23
Share price
1.84%
Change (1 day)
19.77%
Change (1 year)

P/E ratio for Beacon Roofing Supply (BECN)

P/E ratio as of August 2022 (TTM): 17.1

According to Beacon Roofing Supply's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0623. At the end of 2021 the company had a P/E ratio of 21.0.

P/E ratio history for Beacon Roofing Supply from 2005 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202121.0-333.84%
2020-8.98-74.16%
2019-34.8-92.33%
2018-453-1748.83%
201727.52.61%
201626.8
201328.2

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.