P/E ratio for MasTec (MTZ)
P/E ratio as of April 2024 (TTM): -142
According to MasTec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -141.508. 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 |
|---|---|---|
| 2022 | 190 | 832.91% |
| 2021 | 20.3 | 32.37% |
| 2020 | 15.4 | 24.69% |
| 2019 | 12.3 | 0.8% |
| 2018 | 12.2 | 7.07% |
| 2017 | 11.4 | -51.08% |
| 2016 | 23.3 | -232.85% |
| 2015 | -17.6 | -213.36% |
| 2014 | 15.5 | -12.91% |
| 2013 | 17.8 | -2.28% |
| 2012 | 18.2 | 35.14% |
| 2011 | 13.5 | 9.83% |
| 2010 | 12.3 | -7.8% |
| 2009 | 13.3 | 11.39% |
| 2008 | 11.9 | -111.74% |
| 2007 | -102 | 596.21% |
| 2006 | -14.6 | -56.75% |
| 2005 | -33.8 | 240.75% |
| 2004 | -9.91 | -27.05% |
| 2003 | -13.6 | 1212.66% |
| 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 |
|---|---|---|---|
 Quanta Services
PWR | 54.3 | -138.37% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 19.9 | -114.03% | 🇺🇸 USA |
 MYR Group MYRG | 30.7 | -121.66% | 🇺🇸 USA |
 Fluor Corporation
FLR | -108 | -23.90% | 🇺🇸 USA |
 Dycom Industries DY | 22.0 | -115.57% | 🇺🇸 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.