P/E ratio for Gulf Island Fabrication (GIFI)
P/E ratio as of May 2023 (TTM): -15.3
According to Gulf Island Fabrication 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.2857. At the end of 2021 the company had a P/E ratio of -2.75.
P/E ratio history for Gulf Island Fabrication from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -2.75 | 60.67% |
| 2020 | -1.71 | 9.25% |
| 2019 | -1.56 | -70.74% |
| 2018 | -5.35 | 19.87% |
| 2017 | -4.46 | -109% |
| 2016 | 49.6 | -931.58% |
| 2015 | -5.96 | -132.29% |
| 2014 | 18.5 | -60.24% |
| 2013 | 46.4 | -156.04% |
| 2012 | -82.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Chevron CVX | 8.28 | -154.15% | 🇺🇸 USA |
 Gibraltar Industries
ROCK | 19.9 | -229.88% | 🇺🇸 USA |
 Valmont Industries
VMI | 22.6 | -247.60% | 🇺🇸 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.