P/E ratio for Broadwind (BWEN)
P/E ratio as of April 2024 (TTM): -17.8
According to Broadwind's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.8333. At the end of 2022 the company had a P/E ratio of -3.73.
P/E ratio history for Broadwind from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.73 | -131.74% |
| 2021 | 11.8 | -113.34% |
| 2020 | -88.1 | 1386.21% |
| 2019 | -5.93 | 611.43% |
| 2018 | -0.8333 | -92.65% |
| 2017 | -11.3 | -105.6% |
| 2016 | 203 | -14508.65% |
| 2015 | -1.41 | -89.31% |
| 2014 | -13.1 | 7.23% |
| 2013 | -12.3 | 620.83% |
| 2012 | -1.70 | -52.73% |
| 2011 | -3.60 | 24.76% |
| 2010 | -2.88 | -59.36% |
| 2009 | -7.10 | -55.84% |
| 2008 | -16.1 | -91.01% |
| 2007 | -179 | 618.59% |
| 2006 | -24.9 | -8.79% |
| 2005 | -27.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 18.6 | -204.40% | 🇺🇸 USA |
 Woodward WWD | 44.0 | -346.75% | 🇺🇸 USA |
 Ocean Power Technologies
OPTT | -0.3776 | -97.88% | 🇺🇸 USA |
 Capstone Green Energy CGRN | -0.3190 | -98.21% | 🇺🇸 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.