Beacon Roofing Supply
BECN
#2667
Rank
โ‚น439.28 B
Marketcap
โ‚น7,100
Share price
1.38%
Change (1 day)
11.02%
Change (1 year)

P/E ratio for Beacon Roofing Supply (BECN)

P/E ratio as of September 2024 (TTM): 16.4

According to Beacon Roofing Supply's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4167. At the end of 2022 the company had a P/E ratio of 9.29.

P/E ratio history for Beacon Roofing Supply from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.29-55.76%
202121.0-334.17%
2020-8.97-74.19%
2019-34.8-92.33%
2018-453-1748.83%
201727.52.61%
201626.8-27.8%
201537.138.79%
201426.7-5.32%
201328.234.89%
201220.953.13%
201113.7-38.04%
201022.126.85%
200917.451.61%
200811.5-33.24%
200717.2-6.26%
200618.3-11.95%
200520.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.46-42.40%๐Ÿ‡บ๐Ÿ‡ธ USA
25.8 57.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-357-2,272.59%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-5.07%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-35.37%๐Ÿ‡บ๐Ÿ‡ธ 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.