P/E ratio for Blue Bird Corporation (BLBD)
P/E ratio as of May 2024 (TTM): -93.7
According to Blue Bird Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -93.6786. At the end of 2022 the company had a P/E ratio of -6.49.
P/E ratio history for Blue Bird Corporation from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -6.49 | -95.85% |
| 2021 | -156 | -451.17% |
| 2020 | 44.5 | 82.65% |
| 2019 | 24.4 | 83.64% |
| 2018 | 13.3 | -44.62% |
| 2017 | 24.0 | -112.41% |
| 2016 | -193 | -1014.2% |
| 2015 | 21.1 | -423.85% |
| 2014 | -6.52 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Paccar PCAR | 13.5 | -114.42% | 🇺🇸 USA |
 Wabash National
WNC | 4.96 | -105.30% | 🇺🇸 USA |
 Miller Industries MLR | 17.7 | -118.91% | 🇺🇸 USA |
 Federal Signal FSS | 39.1 | -141.72% | 🇺🇸 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.