P/E ratio for Matrix Service (MTRX)
P/E ratio as of October 2023 (TTM): -6.08
According to Matrix Service's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.08247. At the end of 2021 the company had a P/E ratio of -3.03.
P/E ratio history for Matrix Service from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Primoris Services Corporation
PRIM | 14.0 | -329.96% | 🇺🇸 USA |
 Emcor EME | 20.8 | -442.13% | 🇺🇸 USA |
 Oceaneering International
OII | 40.0 | -757.39% | 🇺🇸 USA |
 Tetra Technologies TTI | 35.0 | -675.81% | 🇺🇸 USA |
 MYR Group MYRG | 25.4 | -517.24% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -12.5 | 104.74% | 🇺🇸 USA |
 Team Inc TISI | -0.2505 | -95.88% | 🇺🇸 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.