P/E ratio for Gibraltar Industries (ROCK)
P/E ratio as of March 2023 (TTM): 18.5
According to Gibraltar Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4844. At the end of 2021 the company had a P/E ratio of 29.0.
P/E ratio history for Gibraltar Industries from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 29.0 | |
| 2019 | 25.1 | 41.02% |
| 2018 | 17.8 | 6.23% |
| 2017 | 16.8 | -61.79% |
| 2016 | 43.8 | 30.97% |
| 2015 | 33.5 | -643.48% |
| 2014 | -6.16 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Patrick Industries PATK | 4.49 | -75.72% | 🇺🇸 USA |
 Northwest Pipe Company
NWPX | 12.0 | -34.87% | 🇺🇸 USA |
 Gulf Island Fabrication
GIFI | -6.43 | -134.79% | 🇺🇸 USA |
 Beacon Roofing Supply BECN | 10.1 | -45.62% | 🇺🇸 USA |
 Apogee Enterprises APOG | 13.4 | -27.53% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 15.6 | -15.35% | 🇺🇸 USA |
 Valmont Industries
VMI | 26.4 | 42.59% | 🇺🇸 USA |
 Simpson Manufacturing Company
SSD | 13.6 | -26.67% | 🇺🇸 USA |
 PGT Innovations
PGTI | 13.8 | -25.24% | 🇺🇸 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.