P/E ratio for Emcor (EME)
P/E ratio as of August 2022 (TTM): 17.5
According to Emcor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4712. At the end of 2021 the company had a P/E ratio of 18.0.
P/E ratio history for Emcor from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
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.