P/E ratio for Gencor Industries (GENC)
P/E ratio as of May 2024 (TTM): 20.7
According to Gencor Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6951. At the end of 2022 the company had a P/E ratio of 43.9.
P/E ratio history for Gencor Industries from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 43.9 | 6.64% |
| 2021 | 41.2 | 10.48% |
| 2020 | 37.3 | 171.48% |
| 2019 | 13.7 | -8.64% |
| 2018 | 15.0 | -40.98% |
| 2017 | 25.5 | -22.16% |
| 2016 | 32.7 | -76.84% |
| 2015 | 141 | 185.51% |
| 2014 | 49.5 | 345.99% |
| 2013 | 11.1 | -58.86% |
| 2012 | 27.0 | -103.89% |
| 2011 | -694 | -4503.1% |
| 2010 | 15.8 | -154.86% |
| 2009 | -28.7 | -182.21% |
| 2008 | 35.0 | 970.67% |
| 2007 | 3.26 | -64.78% |
| 2006 | 9.27 | 299.98% |
| 2005 | 2.32 | -93.65% |
| 2004 | 36.5 | 727.83% |
| 2003 | 4.41 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 18.8 | -8.92% | 🇺🇸 USA |
 Columbus McKinnon CMCO | 23.3 | 12.67% | 🇺🇸 USA |
 The Manitowoc Company
MTW | -4.40 | -121.26% | 🇺🇸 USA |
 Astec Industries
ASTE | 53.6 | 158.95% | 🇺🇸 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.