P/E ratio for CECO Environmental (CECO)
P/E ratio as of April 2024 (TTM): 53.8
According to CECO Environmental 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.8298. At the end of 2021 the company had a P/E ratio of 208.
P/E ratio history for CECO Environmental from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 208 | 586.25% |
| 2020 | 30.3 | 101.48% |
| 2019 | 15.0 | -144.5% |
| 2018 | -33.8 | -41.52% |
| 2017 | -57.7 | 359.22% |
| 2016 | -12.6 | -72.18% |
| 2015 | -45.2 | -248.26% |
| 2014 | 30.5 | -35.85% |
| 2013 | 47.5 | 248.49% |
| 2012 | 13.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson Controls
JCI | 21.7 | -59.76% | 🇮🇪 Ireland |
 Entegris ENTG | 99.1 | 84.11% | 🇺🇸 USA |
 Donaldson DCI | 24.5 | -54.48% | 🇺🇸 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.