P/E ratio for Matrix Service (MTRX)
P/E ratio as of April 2024 (TTM): -6.06
According to Matrix Service's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.0567. At the end of 2022 the company had a P/E ratio of -2.75.
P/E ratio history for Matrix Service from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.75 | -9.24% |
| 2021 | -3.03 | -80.19% |
| 2020 | -15.3 | |
| 2018 | -35.9 | -49.61% |
| 2017 | -71.2 | -432.48% |
| 2016 | 21.4 | -8.25% |
| 2015 | 23.3 | 10.85% |
| 2014 | 21.1 | 0.84% |
| 2013 | 20.9 | 18.02% |
| 2012 | 17.7 | 51.81% |
| 2011 | 11.7 | -84.69% |
| 2010 | 76.1 | 443.24% |
| 2009 | 14.0 | 141.17% |
| 2008 | 5.81 | -84.29% |
| 2007 | 37.0 | 72.28% |
| 2006 | 21.5 | -564.67% |
| 2005 | -4.62 | -109.17% |
| 2004 | 50.4 | 105.84% |
| 2003 | 24.5 | 113.03% |
| 2002 | 11.5 | 38.88% |
| 2001 | 8.27 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Primoris Services Corporation
PRIM | 18.4 | -404.53% | 🇺🇸 USA |
 Emcor EME | 29.4 | -585.30% | 🇺🇸 USA |
 Oceaneering International
OII | 29.6 | -589.02% | 🇺🇸 USA |
 Tetra Technologies TTI | 19.7 | -425.71% | 🇺🇸 USA |
 MYR Group MYRG | 29.3 | -583.80% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -11.6 | 91.94% | 🇺🇸 USA |
 Team Inc TISI | -0.2479 | -95.91% | 🇺🇸 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.