P/E ratio for Installed Building Products (IBP)
P/E ratio as of September 2023 (TTM): 14.3
According to Installed Building Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.3427. At the end of 2021 the company had a P/E ratio of 34.5.
P/E ratio history for Installed Building Products from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.5 | 11.69% |
| 2020 | 30.9 | 2.71% |
| 2019 | 30.1 | 57.11% |
| 2018 | 19.1 | |
| 2016 | 33.6 | 14.94% |
| 2015 | 29.2 | -155.74% |
| 2014 | -52.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Patrick Industries PATK | 9.59 | -33.17% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 9.31 | -35.06% | 🇺🇸 USA |
 Apogee Enterprises APOG | 9.80 | -31.69% | 🇺🇸 USA |
 Owens Corning
OC | 9.57 | -33.31% | 🇺🇸 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.