P/E ratio for Matrix Service (MTRX)

P/E ratio history for Matrix Service from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
MYR Group MYRG	17.8	-434.18%	🇺🇸 USA
Primoris Services Corporation PRIM	24.4	-557.14%	🇺🇸 USA
Great Lakes Dredge & Dock Corp. GLDD	-15.3	186.72%	🇺🇸 USA
Emcor EME	35.4	-763.92%	🇺🇸 USA
Team Inc TISI	-0.5323	-90.02%	🇺🇸 USA
Oceaneering International OII	32.9	-716.27%	🇺🇸 USA
Tetra Technologies TTI	13.6	-354.75%	🇺🇸 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.