P/E ratio for Fluor Corporation (FLR)
P/E ratio as of March 2023 (TTM): 30.1
According to Fluor Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.134. At the end of 2017 the company had a P/E ratio of 37.7.
P/E ratio history for Fluor Corporation from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | 37.7 | 45% |
| 2016 | 26.0 | 55.82% |
| 2015 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 47.4 | 57.17% | 🇺🇸 USA |
 KBR
KBR | 38.1 | 26.41% | 🇺🇸 USA |
 MasTec MTZ | 63.9 | 112.20% | 🇺🇸 USA |
 Tutor Perini
TPC | -3.57 | -111.84% | 🇺🇸 USA |
 AECOM ACM | 34.0 | 12.98% | 🇺🇸 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.