P/E ratio for Comfort Systems (FIX)
P/E ratio as of March 2023 (TTM): 20.5
According to Comfort Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4583. At the end of 2020 the company had a P/E ratio of 12.8.
P/E ratio history for Comfort Systems from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 12.8 | |
| 2018 | 14.4 | -51.12% |
| 2017 | 29.5 | 53.22% |
| 2016 | 19.2 | -10.6% |
| 2015 | 21.5 | -22.03% |
| 2014 | 27.6 | 5.38% |
| 2013 | 26.2 | -22.43% |
| 2012 | 33.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 52.7 | 157.41% | 🇺🇸 USA |
 IES Holdings IESC | 22.0 | 7.43% | 🇺🇸 USA |
 Emcor EME | 19.5 | -4.73% | 🇺🇸 USA |
 Tutor Perini
TPC | -3.64 | -117.81% | 🇺🇸 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.