P/E ratio for Quanta Services (PWR)

P/E ratio history for Quanta Services from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Emcor EME	41.3	-40.79%	🇺🇸 USA
MasTec MTZ	-217	-410.51%	🇺🇸 USA
Dycom Industries DY	27.4	-60.81%	🇺🇸 USA
Fluor Corporation FLR	-141	-301.52%	🇺🇸 USA
MYR Group MYRG	29.8	-57.35%	🇺🇸 USA
IES Holdings IESC	59.0	-15.49%	🇺🇸 USA
Primoris Services Corporation PRIM	34.6	-50.49%	🇺🇸 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.