P/E ratio for IES Holdings (IESC)
P/E ratio as of September 2023 (TTM): 17.8
According to IES Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8072. At the end of 2021 the company had a P/E ratio of 15.3.
P/E ratio history for IES Holdings from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.3 | -28.34% |
| 2020 | 21.4 | 37.7% |
| 2019 | 15.6 | 5.01% |
| 2018 | 14.8 | -181.56% |
| 2017 | -18.2 | -624.35% |
| 2016 | 3.46 | -72.16% |
| 2015 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 45.9 | 157.58% | 🇺🇸 USA |
 Comfort Systems FIX | 24.9 | 39.86% | 🇺🇸 USA |
 Emcor EME | 20.6 | 15.66% | 🇺🇸 USA |
 Dycom Industries DY | 13.6 | -23.36% | 🇺🇸 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.