P/E ratio for Bluelinx (BXC)
P/E ratio as of June 2023 (TTM): 4.51
According to Bluelinx's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.50677. At the end of 2021 the company had a P/E ratio of 3.11.
P/E ratio history for Bluelinx from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.11 | -9.13% |
| 2020 | 3.42 | -145.34% |
| 2019 | -7.54 | 58.97% |
| 2018 | -4.74 | |
| 2016 | 4.15 | |
| 2014 | -7.25 | 97.05% |
| 2013 | -3.68 | -50.25% |
| 2012 | -7.39 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Patrick Industries PATK | 4.92 | 9.25% | 🇺🇸 USA |
 Huttig Building Products HBP | -357 | -8,014.03% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 7.16 | 58.83% | 🇺🇸 USA |
 Beacon Roofing Supply BECN | 12.7 | 180.77% | 🇺🇸 USA |
 LL Flooring LL | -4.81 | -206.81% | 🇺🇸 USA |
 Boise Cascade
BCC | 4.59 | 1.92% | 🇺🇸 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.