P/E ratio for FreightCar America (RAIL)
P/E ratio as of June 2023 (TTM): -1.79
According to FreightCar America 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.78616. At the end of 2021 the company had a P/E ratio of -1.88.
P/E ratio history for FreightCar America from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -1.88 | 381.21% |
| 2020 | -0.3912 | 12.65% |
| 2019 | -0.3473 | -83.08% |
| 2018 | -2.05 | -78.01% |
| 2017 | -9.33 | -162.77% |
| 2016 | 14.9 | 97.43% |
| 2015 | 7.53 | -86.26% |
| 2014 | 54.8 | -433.57% |
| 2013 | -16.4 | -218% |
| 2012 | 13.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wabtec WAB | 27.5 | -1,641.92% | 🇺🇸 USA |
 Trinity Industries
TRN | 27.4 | -1,636.47% | 🇺🇸 USA |
 The Greenbrier Companies
GBX | 29.0 | -1,723.25% | 🇺🇸 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.