P/E ratio for DXP Enterprises (DXPE)
P/E ratio as of May 2024 (TTM): 16.4
According to DXP Enterprises's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4488. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for DXP Enterprises from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -63.35% |
| 2021 | 29.1 | -308.16% |
| 2020 | -14.0 | -171.44% |
| 2019 | 19.6 | 43.21% |
| 2018 | 13.7 | -55.27% |
| 2017 | 30.5 | -60.22% |
| 2016 | 76.7 | -1024.2% |
| 2015 | -8.30 | -49.21% |
| 2014 | -16.4 | -159.18% |
| 2013 | 27.6 | 99.3% |
| 2012 | 13.9 | -5.72% |
| 2011 | 14.7 | -14.23% |
| 2010 | 17.1 | -526.28% |
| 2009 | -4.02 | -154.78% |
| 2008 | 7.34 | -53.76% |
| 2007 | 15.9 | 6.03% |
| 2006 | 15.0 | 6.05% |
| 2005 | 14.1 | 96.68% |
| 2004 | 7.18 | -15.75% |
| 2003 | 8.52 | -146.9% |
| 2002 | -18.2 | -430.3% |
| 2001 | 5.50 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fastenal FAST | 34.2 | 108.02% | 🇺🇸 USA |
 General Electric GE | 19.0 | 15.64% | 🇺🇸 USA |
 3M MMM | -7.26 | -144.12% | 🇺🇸 USA |
 Titan Machinery TITN | 4.32 | -73.73% | 🇺🇸 USA |
 MSC Industrial Direct MSM | 14.2 | -13.85% | 🇺🇸 USA |
 Kaman KAMN | -26.7 | -262.49% | 🇺🇸 USA |
 Applied Industrial Technologies
AIT | 19.6 | 19.16% | 🇺🇸 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.