P/E ratio for Cavco Industries (CVCO)
P/E ratio as of September 2023 (TTM): 10.2
According to Cavco Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.199. At the end of 2021 the company had a P/E ratio of 17.2.
P/E ratio history for Cavco Industries from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.2 | -32.12% |
| 2020 | 25.4 | 18.52% |
| 2019 | 21.4 | 28.49% |
| 2018 | 16.7 | -39.14% |
| 2017 | 27.4 | 4.26% |
| 2016 | 26.3 | -2.22% |
| 2015 | 26.9 | -15.24% |
| 2014 | 31.7 | -24.31% |
| 2013 | 41.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Patrick Industries PATK | 9.63 | -5.58% | 🇺🇸 USA |
 Skyline Champion SKY | 10.9 | 6.52% | 🇺🇸 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.