P/E ratio for Ducommun (DCO)
P/E ratio as of May 2023 (TTM): 19.0
According to Ducommun's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0234. At the end of 2020 the company had a P/E ratio of 21.5.
P/E ratio history for Ducommun from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 21.5 | 19.88% |
| 2019 | 17.9 | -60.53% |
| 2018 | 45.4 | 184.05% |
| 2017 | 16.0 | 41.95% |
| 2016 | 11.3 | -559.56% |
| 2015 | -2.45 | -116.86% |
| 2014 | 14.5 | -57.11% |
| 2013 | 33.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TransDigm TDG | 47.4 | 149.17% | 🇺🇸 USA |
 Air Industries Group AIRI | -48.2 | -353.29% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.50 | -118.42% | 🇺🇸 USA |
 Astronics Corporation
ATRO | -14.7 | -177.38% | 🇺🇸 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.