P/E ratio for Generac Power Systems (GNRC)
P/E ratio as of May 2024 (TTM): 49.9
According to Generac Power Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.8682. At the end of 2022 the company had a P/E ratio of 18.2.
P/E ratio history for Generac Power Systems from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.2 | -55.93% |
| 2021 | 41.3 | 1.9% |
| 2020 | 40.5 | 65.23% |
| 2019 | 24.5 | 76.72% |
| 2018 | 13.9 | -27.39% |
| 2017 | 19.1 | -28.66% |
| 2016 | 26.8 | 3.54% |
| 2015 | 25.9 | 41.17% |
| 2014 | 18.3 | -17.12% |
| 2013 | 22.1 | -10.37% |
| 2012 | 24.7 | 326.21% |
| 2011 | 5.79 | -219.26% |
| 2010 | -4.86 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 18.9 | -62.10% | 🇺🇸 USA |
 Cummins
CMI | 14.2 | -71.56% | 🇺🇸 USA |
 Woodward WWD | 49.4 | -0.92% | 🇺🇸 USA |
 Allied Motion Technologies
AMOT | 23.0 | -53.82% | 🇺🇸 USA |
 Capstone Green Energy CGRN | -0.3190 | -100.64% | 🇺🇸 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.