P/E ratio for EnerSys (ENS)
P/E ratio as of October 2023 (TTM): 18.3
According to EnerSys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2761. At the end of 2021 the company had a P/E ratio of 22.4.
P/E ratio history for EnerSys from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.4 | -31.51% |
| 2020 | 32.7 | 61.69% |
| 2019 | 20.2 | 21.17% |
| 2018 | 16.7 | -45.11% |
| 2017 | 30.4 | 21.47% |
| 2016 | 25.0 | 54.41% |
| 2015 | 16.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ultralife Corporation ULBI | N/A | N/A | 🇺🇸 USA |
 Edgewell Personal Care
EPC | 16.2 | -11.30% | 🇺🇸 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.