P/E ratio for Mammoth Energy Services (TUSK)
P/E ratio as of May 2024 (TTM): 10.7
According to Mammoth Energy Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6857. At the end of 2022 the company had a P/E ratio of -433.
P/E ratio history for Mammoth Energy Services from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -433 | 51704.95% |
| 2021 | -0.8349 | -55.54% |
| 2020 | -1.88 | 49.36% |
| 2019 | -1.26 | -136.78% |
| 2018 | 3.42 | -77.36% |
| 2017 | 15.1 | -342.1% |
| 2016 | -6.24 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | 96.1 | 799.43% | 🇺🇸 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.