P/E ratio for Matrix Service (MTRX)

P/E ratio history for Matrix Service from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
MYR Group MYRG	27.5	-500.73%	🇺🇸 USA
Primoris Services Corporation PRIM	35.5	-616.54%	🇺🇸 USA
Great Lakes Dredge & Dock Corp. GLDD	-19.3	180.60%	🇺🇸 USA
Emcor EME	43.8	-737.26%	🇺🇸 USA
Team Inc TISI	-0.6328	-90.78%	🇺🇸 USA
Oceaneering International OII	39.5	-674.98%	🇺🇸 USA
Tetra Technologies TTI	18.4	-367.46%	🇺🇸 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.