According to Quanta Services 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.5062. At the end of 2022 the company had a P/E ratio of 41.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 41.5 | 25.01% |
2021 | 33.2 | 46.28% |
2020 | 22.7 | 54.03% |
2019 | 14.7 | -5.42% |
2018 | 15.6 | -19.85% |
2017 | 19.5 | -27.98% |
2016 | 27.0 | 112.12% |
2015 | 12.7 | -39.44% |
2014 | 21.0 | 24.61% |
2013 | 16.9 | -10.95% |
2012 | 19.0 | -43.69% |
2011 | 33.7 | 23.34% |
2010 | 27.3 | 6.06% |
2009 | 25.7 | 15.65% |
2008 | 22.2 | -16.91% |
2007 | 26.8 | -79.58% |
2006 | 131 | 158.88% |
2005 | 50.7 | -144.32% |
2004 | -114 | 369.67% |
2003 | -24.3 | 1339.14% |
2002 | -1.69 | -112.05% |
2001 | 14.0 |
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.