FreightCar America
RAIL
#7452
Rank
$55.67 M
Marketcap
$3.11
Share price
2.13%
Change (1 day)
-17.07%
Change (1 year)

P/E ratio for FreightCar America (RAIL)

P/E ratio as of February 2024 (TTM): -1.57

According to FreightCar America 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.57071. At the end of 2022 the company had a P/E ratio of -2.01.

P/E ratio history for FreightCar America from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.0115.08%
2021-1.75347%
2020-0.391212.65%
2019-0.3473-83.08%
2018-2.05-78.01%
2017-9.33-162.77%
201614.997.43%
20157.53-86.26%
201454.8-433.57%
2013-16.4-218%
201213.9-72.08%
201149.9-284.43%
2010-27.0-157.29%
200947.2137.75%
200819.921.99%
200716.3200.33%
20065.42-57.05%
200512.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.8-2,189.14%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6-1,859.80%๐Ÿ‡บ๐Ÿ‡ธ USA
27.7-1,863.43%๐Ÿ‡บ๐Ÿ‡ธ 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.