P/E ratio for Douglas Dynamics (PLOW)
P/E ratio as of April 2024 (TTM): 19.0
According to Douglas Dynamics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.9576. At the end of 2022 the company had a P/E ratio of 22.0.
P/E ratio history for Douglas Dynamics from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.0 | -26.05% |
| 2021 | 29.8 | -365.61% |
| 2020 | -11.2 | -143.47% |
| 2019 | 25.8 | 37.42% |
| 2018 | 18.8 | 20.3% |
| 2017 | 15.6 | -20.62% |
| 2016 | 19.7 | 83.05% |
| 2015 | 10.8 | -10.71% |
| 2014 | 12.0 | -62.78% |
| 2013 | 32.3 | -37.06% |
| 2012 | 51.4 | 202.31% |
| 2011 | 17.0 | -102.24% |
| 2010 | -757 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Deere & Company DE | 11.6 | -38.76% | 🇺🇸 USA |
 Johnson Controls
JCI | 21.5 | 13.42% | 🇮🇪 Ireland |
 The Toro Company
TTC | 24.2 | 27.42% | 🇺🇸 USA |
 AGCO AGCO | 7.69 | -59.45% | 🇺🇸 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.