P/E ratio for Emcor (EME)
P/E ratio as of April 2024 (TTM): 29.4
According to Emcor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.3666. 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 |
|---|---|---|
| 2022 | 18.1 | 0.65% |
| 2021 | 18.0 | -53.05% |
| 2020 | 38.3 | 156.3% |
| 2019 | 14.9 | 22.57% |
| 2018 | 12.2 | -42.63% |
| 2017 | 21.2 | -10.28% |
| 2016 | 23.7 | 35.96% |
| 2015 | 17.4 | -1.02% |
| 2014 | 17.6 | -23.35% |
| 2013 | 22.9 | 45.82% |
| 2012 | 15.7 | 15.01% |
| 2011 | 13.7 | -161.36% |
| 2010 | -22.3 | -302.21% |
| 2009 | 11.0 | 36.64% |
| 2008 | 8.07 | -32.74% |
| 2007 | 12.0 | -42.4% |
| 2006 | 20.8 | 17.8% |
| 2005 | 17.7 | -14.31% |
| 2004 | 20.6 | -36.09% |
| 2003 | 32.3 | 158.19% |
| 2002 | 12.5 | 4.37% |
| 2001 | 12.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 52.5 | 78.87% | 🇺🇸 USA |
 IES Holdings IESC | 35.5 | 20.74% | 🇺🇸 USA |
 Comfort Systems FIX | 38.5 | 31.07% | 🇺🇸 USA |
 Tutor Perini
TPC | -3.39 | -111.55% | 🇺🇸 USA |
 Fluor Corporation
FLR | -106 | -461.13% | 🇺🇸 USA |
 Dycom Industries DY | 21.5 | -26.65% | 🇺🇸 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.