P/E ratio for Floor & Decor (FND)
P/E ratio as of April 2024 (TTM): 41.0
According to Floor & Decor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.0498. At the end of 2022 the company had a P/E ratio of 24.7.
P/E ratio history for Floor & Decor from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.7 | -48.72% |
| 2021 | 48.2 | -1.98% |
| 2020 | 49.1 | 46% |
| 2019 | 33.6 | 54.6% |
| 2018 | 21.8 | -50.8% |
| 2017 | 44.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Floor & Decor
FND | 41.0 | 0.00% | 🇺🇸 USA |
 Tile Shop Holdings TTSH | 22.4 | -45.40% | 🇺🇸 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.