Douglas Dynamics
PLOW
#6098
Rank
โ‚น55.79 B
Marketcap
โ‚น2,416
Share price
2.06%
Change (1 day)
-4.19%
Change (1 year)

P/E ratio for Douglas Dynamics (PLOW)

P/E ratio as of September 2024 (TTM): 24.4

According to Douglas Dynamics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.4068. At the end of 2022 the company had a P/E ratio of 22.0.

P/E ratio history for Douglas Dynamics from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.0-26.05%
202129.8-365.61%
2020-11.2-143.47%
201925.837.42%
201818.820.3%
201715.6-20.62%
201619.783.05%
201510.8-10.71%
201412.0-62.78%
201332.3-37.06%
201251.4202.31%
201117.0-102.24%
2010-757

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.1-50.61%๐Ÿ‡บ๐Ÿ‡ธ USA
6.21-74.57%๐Ÿ‡บ๐Ÿ‡ธ USA
23.7-2.96%๐Ÿ‡บ๐Ÿ‡ธ USA
24.7 1.21%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

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.