P/E ratio for Great Lakes Dredge & Dock Corp. (GLDD)
P/E ratio as of April 2024 (TTM): -11.2
According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.2344. At the end of 2022 the company had a P/E ratio of -11.7.
P/E ratio history for Great Lakes Dredge & Dock Corp. from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.7 | -156.4% |
| 2021 | 20.7 | 60.2% |
| 2020 | 12.9 | -11.11% |
| 2019 | 14.5 | -121.94% |
| 2018 | -66.2 | 562% |
| 2017 | -10.0 | -69.05% |
| 2016 | -32.3 | -22.62% |
| 2015 | -41.8 | -187.8% |
| 2014 | 47.6 | -255.07% |
| 2013 | -30.7 | -86.26% |
| 2012 | -223 | -1264.43% |
| 2011 | 19.2 | 53.48% |
| 2010 | 12.5 | -40.24% |
| 2009 | 20.9 | -54.67% |
| 2008 | 46.1 | -25.97% |
| 2007 | 62.3 | -969.1% |
| 2006 | -7.17 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sterling Construction STRL | 25.9 | -330.31% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 19.4 | -272.74% | 🇺🇸 USA |
 Matrix Service MTRX | -6.07 | -46.00% | 🇺🇸 USA |
 KBR
KBR | -45.2 | 302.24% | 🇺🇸 USA |
 MasTec MTZ | -137 | 1,117.64% | 🇺🇸 USA |
 MYR Group MYRG | 30.2 | -369.24% | 🇺🇸 USA |
 Tutor Perini
TPC | -3.39 | -69.84% | 🇺🇸 USA |
 orion-group-holdings
ORN | -12.9 | 14.62% | 🇺🇸 USA |
 Granite Construction
GVA | 61.5 | -647.68% | 🇺🇸 USA |
 Dycom Industries DY | 21.8 | -293.92% | 🇺🇸 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.