P/E ratio for Ducommun (DCO)
P/E ratio as of April 2024 (TTM): 28.0
According to Ducommun's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9697. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Ducommun from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | 409.97% |
| 2021 | 4.10 | -80.92% |
| 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 | -117.74% |
| 2014 | 13.8 | -59.22% |
| 2013 | 33.9 | 249.85% |
| 2012 | 9.68 | -443.26% |
| 2011 | -2.82 | -124.48% |
| 2010 | 11.5 | -40.26% |
| 2009 | 19.3 | 43.22% |
| 2008 | 13.5 | -33.02% |
| 2007 | 20.1 | 23.03% |
| 2006 | 16.3 | 21.65% |
| 2005 | 13.4 | -27.84% |
| 2004 | 18.6 | 35.77% |
| 2003 | 13.7 | -42.9% |
| 2002 | 24.0 | 226.69% |
| 2001 | 7.35 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TransDigm TDG | 64.3 | 130.00% | 🇺🇸 USA |
 Air Industries Group AIRI | -8.33 | -129.79% | 🇺🇸 USA |
 Spirit AeroSystems SPR | -3.75 | -113.42% | 🇺🇸 USA |
 Astronics Corporation
ATRO | -14.2 | -150.81% | 🇺🇸 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.