P/E ratio for L.B. Foster (FSTR)
P/E ratio as of April 2023 (TTM): -2.72
According to L.B. Foster's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.72066. At the end of 2021 the company had a P/E ratio of 40.4.
P/E ratio history for L.B. Foster from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 40.4 | 93.47% |
| 2020 | 20.9 | 341.14% |
| 2019 | 4.74 | -195.66% |
| 2018 | -4.95 | -107.3% |
| 2017 | 67.9 | -6982.33% |
| 2016 | -0.9862 | -68.74% |
| 2015 | -3.15 | |
| 2012 | 27.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wabtec WAB | 26.1 | -1,058.09% | 🇺🇸 USA |
 Steel Dynamics
STLD | 5.40 | -298.40% | 🇺🇸 USA |
 Olympic Steel
ZEUS | 6.63 | -343.84% | 🇺🇸 USA |
 FreightCar America
RAIL | -2.68 | -1.46% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -10.9 | 300.47% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 8.49 | -411.97% | 🇺🇸 USA |
 The Greenbrier Companies
GBX | 104 | -3,910.73% | 🇺🇸 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.