P/E ratio for Modine Manufacturing (MOD)
P/E ratio as of April 2024 (TTM): 23.1
According to Modine Manufacturing 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.0615. At the end of 2022 the company had a P/E ratio of 14.5.
P/E ratio history for Modine Manufacturing from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.5 | 67.48% |
| 2021 | 8.65 | -371.24% |
| 2020 | -3.19 | -108.77% |
| 2019 | 36.4 | 538.55% |
| 2018 | 5.69 | -93.07% |
| 2017 | 82.2 | 62.64% |
| 2016 | 50.5 | -241.14% |
| 2015 | -35.8 | -899.86% |
| 2014 | 4.48 | -93.22% |
| 2013 | 66.0 | -213.67% |
| 2012 | -58.1 | -548.12% |
| 2011 | 13.0 | -133.44% |
| 2010 | -38.8 | 564.38% |
| 2009 | -5.83 | 261.69% |
| 2008 | -1.61 | -88.87% |
| 2007 | -14.5 | -202.99% |
| 2006 | 14.1 | -77.13% |
| 2005 | 61.5 | 247.78% |
| 2004 | 17.7 | 9.44% |
| 2003 | 16.2 | -14.1% |
| 2002 | 18.8 | -43.57% |
| 2001 | 33.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 10.9 | -52.90% | 🇺🇸 USA |
 Johnson Controls
JCI | 21.5 | -6.77% | 🇮🇪 Ireland |
 Honeywell HON | 23.9 | 3.77% | 🇺🇸 USA |
 Visteon VC | 20.3 | -12.06% | 🇺🇸 USA |
 Commercial Vehicle Group (CVG) CVGI | -32.4 | -240.36% | 🇺🇸 USA |
 Standard Motor Products (SMP) SMP | 20.1 | -13.04% | 🇺🇸 USA |
 Meritor MTOR | N/A | N/A | 🇺🇸 USA |
 Dana DAN | -17.4 | -175.28% | 🇺🇸 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.