P/E ratio for Dycom Industries (DY)
P/E ratio as of June 2023 (TTM): 22.5
According to Dycom Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4906. At the end of 2021 the company had a P/E ratio of 64.7.
P/E ratio history for Dycom Industries from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 64.7 | -27.22% |
| 2020 | 88.8 | 237.3% |
| 2019 | 26.3 | 79.86% |
| 2018 | 14.6 | -43.09% |
| 2017 | 25.7 | 50% |
| 2016 | 17.2 | -31.09% |
| 2015 | 24.9 | -12.02% |
| 2014 | 28.3 | 28.31% |
| 2013 | 22.1 | 28.1% |
| 2012 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 52.0 | 131.00% | 🇺🇸 USA |
 IES Holdings IESC | 27.2 | 20.98% | 🇺🇸 USA |
 Emcor EME | 21.3 | -5.24% | 🇺🇸 USA |
 MasTec MTZ | -827 | -3,775.38% | 🇺🇸 USA |
 MYR Group MYRG | 26.5 | 17.82% | 🇺🇸 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.