P/E ratio for Dynamic Materials Corporation (BOOM)
P/E ratio as of April 2024 (TTM): 10.2
According to Dynamic Materials Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2335. At the end of 2022 the company had a P/E ratio of 27.4.
P/E ratio history for Dynamic Materials Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.4 | -115.9% |
| 2021 | -172 | -64.16% |
| 2020 | -481 | -2538.07% |
| 2019 | 19.7 | 14.49% |
| 2018 | 17.2 | -190.03% |
| 2017 | -19.1 | -45.71% |
| 2016 | -35.2 | 766.7% |
| 2015 | -4.06 | -104.82% |
| 2014 | 84.3 | 113.31% |
| 2013 | 39.5 | 147.4% |
| 2012 | 16.0 | -24.07% |
| 2011 | 21.0 | -62.71% |
| 2010 | 56.4 | 88.55% |
| 2009 | 29.9 | 192.9% |
| 2008 | 10.2 | -64.79% |
| 2007 | 29.0 | 80.7% |
| 2006 | 16.1 | -67.64% |
| 2005 | 49.6 | 128.89% |
| 2004 | 21.7 | -194.25% |
| 2003 | -23.0 | -148.52% |
| 2002 | 47.4 | 212% |
| 2001 | 15.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 13.2 | 28.94% | 🇺🇸 USA |
 Hologic HOLX | 39.6 | 286.96% | 🇺🇸 USA |
 Schlumberger SLB | 17.0 | 66.07% | 🇺🇸 USA |
 Steel Dynamics
STLD | 8.63 | -15.65% | 🇺🇸 USA |
 Radius Recycling (Schnitzer Steel)
RDUS | -19.5 | -290.44% | 🇺🇸 USA |
 U.S. Steel
X | 7.57 | -26.04% | 🇺🇸 USA |
 Carpenter Technology CRS | 36.5 | 256.78% | 🇺🇸 USA |
 Barnes Group B | 75.6 | 639.20% | 🇺🇸 USA |
 Allegheny Technologies
ATI | 21.0 | 105.17% | 🇺🇸 USA |
 Alcoa AA | -7.28 | -171.19% | 🇺🇸 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.