P/E ratio for L.B. Foster (FSTR)
P/E ratio as of April 2024 (TTM): -5.83
According to L.B. Foster's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.82974. At the end of 2022 the company had a P/E ratio of -2.27.
P/E ratio history for L.B. Foster from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.27 | -105.62% |
| 2021 | 40.4 | 93.47% |
| 2020 | 20.9 | 341.14% |
| 2019 | 4.74 | -189.7% |
| 2018 | -5.28 | -107.78% |
| 2017 | 67.9 | -6982.33% |
| 2016 | -0.9862 | -68.74% |
| 2015 | -3.15 | -116.3% |
| 2014 | 19.4 | 18.26% |
| 2013 | 16.4 | -39.73% |
| 2012 | 27.1 | 115.93% |
| 2011 | 12.6 | -38.27% |
| 2010 | 20.4 | 5.91% |
| 2009 | 19.2 | 59.86% |
| 2008 | 12.0 | 141.17% |
| 2007 | 4.99 | -74.97% |
| 2006 | 19.9 | -27.62% |
| 2005 | 27.5 | -56.61% |
| 2004 | 63.5 | 241.74% |
| 2003 | 18.6 | -416.66% |
| 2002 | -5.86 | -109.12% |
| 2001 | 64.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Wabtec WAB | 39.1 | -770.39% | 🇺🇸 USA |
 Steel Dynamics
STLD | 8.56 | -246.81% | 🇺🇸 USA |
 Olympic Steel
ZEUS | 18.9 | -423.58% | 🇺🇸 USA |
 FreightCar America
RAIL | -1.82 | -68.81% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -32.5 | 457.94% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 12.0 | -306.59% | 🇺🇸 USA |
 The Greenbrier Companies
GBX | 29.3 | -603.06% | 🇺🇸 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.