P/E ratio for FuelCell Energy (FCEL)
P/E ratio as of June 2023 (TTM): -7.57
According to FuelCell Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.56812. At the end of 2021 the company had a P/E ratio of -16.3.
P/E ratio history for FuelCell Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -16.3 | -38.9% |
| 2020 | -26.6 | 6713.06% |
| 2019 | -0.3904 | -47.48% |
| 2018 | -0.7432 | -47.54% |
| 2017 | -1.42 | 48.14% |
| 2016 | -0.9563 | -74.17% |
| 2015 | -3.70 | -56.73% |
| 2014 | -8.56 | 21.36% |
| 2013 | -7.05 | 83.91% |
| 2012 | -3.83 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Air Products and Chemicals APD | 27.5 | -462.71% | 🇺🇸 USA |
 Edison International
EIX | 51.2 | -775.87% | 🇺🇸 USA |
 NRG Energy
NRG | 8.75 | -215.65% | 🇺🇸 USA |
 Parker-Hannifin
PH | 30.2 | -499.35% | 🇺🇸 USA |
 SunPower
SPWR | 58.8 | -877.50% | 🇺🇸 USA |
 Plug Power PLUG | -7.81 | 3.23% | 🇺🇸 USA |
 POSCO PKX | 4.50 | -159.42% | 🇰🇷 S. Korea |
 Ballard Power Systems
BLDP | -7.47 | -1.24% | 🇨🇦 Canada |
 Ascent Solar Technologies ASTI | -0.0952 | -98.74% | 🇺🇸 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.