Emcor
EME
#1060
Rank
$17.80 B
Marketcap
$378.37
Share price
0.74%
Change (1 day)
129.38%
Change (1 year)

P/E ratio for Emcor (EME)

P/E ratio as of May 2024 (TTM): 32.8

According to Emcor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.7877. At the end of 2022 the company had a P/E ratio of 18.1.

P/E ratio history for Emcor from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.10.65%
202118.0-53.05%
202038.3156.3%
201914.922.57%
201812.2-42.63%
201721.2-10.28%
201623.735.96%
201517.4-1.02%
201417.6-23.35%
201322.945.82%
201215.715.01%
201113.7-161.36%
2010-22.3-302.21%
200911.036.64%
20088.07-32.74%
200712.0-42.4%
200620.817.8%
200517.7-14.31%
200420.6-36.09%
200332.3158.19%
200212.54.37%
200112.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
54.9 67.30%๐Ÿ‡บ๐Ÿ‡ธ USA
44.1 34.39%๐Ÿ‡บ๐Ÿ‡ธ USA
39.4 20.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.80-114.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-101-407.80%๐Ÿ‡บ๐Ÿ‡ธ USA
23.0-29.87%๐Ÿ‡บ๐Ÿ‡ธ 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.