P/E ratio for Modine Manufacturing (MOD)

P/E ratio history for Modine Manufacturing 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
BorgWarner BWA	11.3	-64.51%	🇺🇸 USA
Dana DAN	-11.9	-137.22%	🇺🇸 USA
Visteon VC	17.1	-46.46%	🇺🇸 USA
Johnson Controls JCI	28.3	-11.14%	🇮🇪 Ireland
Honeywell HON	28.5	-10.51%	🇺🇸 USA
Meritor MTOR	N/A	N/A	🇺🇸 USA
Standard Motor Products (SMP) SMP	20.6	-35.46%	🇺🇸 USA
Commercial Vehicle Group (CVG) CVGI	-13.3	-141.79%	🇺🇸 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.