MasTec
MTZ
#2164
Rank
$6.68 B
Marketcap
$84.85
Share price
12.44%
Change (1 day)
-17.12%
Change (1 year)

P/E ratio for MasTec (MTZ)

P/E ratio as of March 2024 (TTM): -120

According to MasTec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -119.778. At the end of 2022 the company had a P/E ratio of 190.

P/E ratio history for MasTec from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022190832.91%
202120.332.37%
202015.424.69%
201912.30.8%
201812.27.07%
201711.4-51.08%
201623.3-232.85%
2015-17.6-213.36%
201415.5-12.91%
201317.8-2.28%
201218.235.14%
201113.59.83%
201012.3-7.8%
200913.311.39%
200811.9-111.74%
2007-102596.21%
2006-14.6-56.75%
2005-33.8240.75%
2004-9.91-27.05%
2003-13.61212.66%
2002-1.04-70.81%
2001-3.55

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
50.1-141.83%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9-114.10%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6-124.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-96.8-19.15%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6-116.32%๐Ÿ‡บ๐Ÿ‡ธ 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.