P/E ratio for FuelCell Energy (FCEL)
P/E ratio as of April 2024 (TTM): -2.78
According to FuelCell Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.78387. At the end of 2022 the company had a P/E ratio of -7.32.
P/E ratio history for FuelCell Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.32 | -54.98% |
| 2021 | -16.3 | -38.9% |
| 2020 | -26.6 | 6723.64% |
| 2019 | -0.3898 | -47.27% |
| 2018 | -0.7391 | -47.83% |
| 2017 | -1.42 | 48.14% |
| 2016 | -0.9563 | -75.71% |
| 2015 | -3.94 | -53.98% |
| 2014 | -8.56 | 21.36% |
| 2013 | -7.05 | 83.91% |
| 2012 | -3.83 | 107.09% |
| 2011 | -1.85 | -48.72% |
| 2010 | -3.61 | -4.97% |
| 2009 | -3.80 | 38.02% |
| 2008 | -2.75 | -67.27% |
| 2007 | -8.41 | 114.72% |
| 2006 | -3.92 | -29.28% |
| 2005 | -5.54 | 2.33% |
| 2004 | -5.41 | -28.95% |
| 2003 | -7.61 | 45.31% |
| 2002 | -5.24 | -86.75% |
| 2001 | -39.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Air Products and Chemicals APD | 23.8 | -954.10% | 🇺🇸 USA |
 Edison International
EIX | 22.0 | -890.04% | 🇺🇸 USA |
 NRG Energy
NRG | -9.43 | 238.73% | 🇺🇸 USA |
 Parker-Hannifin
PH | 29.9 | -1,173.61% | 🇺🇸 USA |
 SunPower
SPWR | -3.13 | 12.40% | 🇺🇸 USA |
 Plug Power PLUG | -1.69 | -39.46% | 🇺🇸 USA |
 POSCO PKX | 22.3 | -901.72% | 🇰🇷 S. Korea |
 Ballard Power Systems
BLDP | -5.40 | 94.13% | 🇨🇦 Canada |
 Ascent Solar Technologies ASTI | -0.0006 | -99.98% | 🇺🇸 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.