MasTec
MTZ
#1816
Rank
$7.44 B
Marketcap
$94.44
Share price
0.45%
Change (1 day)
7.81%
Change (1 year)

P/E ratio for MasTec (MTZ)

P/E ratio as of April 2023 (TTM): 64.2

According to MasTec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.2177. At the end of 2021 the company had a P/E ratio of 20.3.

P/E ratio history for MasTec from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202120.332.37%
202015.424.69%
201912.30.8%
201812.27.07%
201711.4-51.08%
201623.3-232.85%
2015-17.6-211.81%
201415.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
48.6-24.36%๐Ÿ‡บ๐Ÿ‡ธ USA
9.85-84.66%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3-60.57%๐Ÿ‡บ๐Ÿ‡ธ USA
31.8-50.42%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4-63.57%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.