P/E ratio for Great Lakes Dredge & Dock Corp. (GLDD)
P/E ratio as of May 2023 (TTM): -9.04
According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.0411. At the end of 2021 the company had a P/E ratio of 20.7.
P/E ratio history for Great Lakes Dredge & Dock Corp. from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.7 | 60.2% |
| 2020 | 12.9 | -11.11% |
| 2019 | 14.5 | -121.94% |
| 2018 | -66.2 | 525.22% |
| 2017 | -10.6 | -67.23% |
| 2016 | -32.3 | -22.62% |
| 2015 | -41.8 | -187.8% |
| 2014 | 47.6 | -260.24% |
| 2013 | -29.7 | -119.94% |
| 2012 | 149 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sterling Construction STRL | 13.3 | -247.64% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 10.9 | -220.60% | 🇺🇸 USA |
 Matrix Service MTRX | -3.81 | -57.85% | 🇺🇸 USA |
 KBR
KBR | 23.2 | -357.08% | 🇺🇸 USA |
 MasTec MTZ | -756 | 8,258.41% | 🇺🇸 USA |
 MYR Group MYRG | 25.5 | -381.95% | 🇺🇸 USA |
 Tutor Perini
TPC | -1.29 | -85.77% | 🇺🇸 USA |
 orion-group-holdings
ORN | -6.33 | -30.04% | 🇺🇸 USA |
 Granite Construction
GVA | 18.1 | -300.07% | 🇺🇸 USA |
 Dycom Industries DY | 21.7 | -339.81% | 🇺🇸 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.