P/E ratio for Mohawk Industries (MHK)
P/E ratio as of October 2023 (TTM): -17.1
According to Mohawk Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.0936. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for Mohawk Industries from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | -37.49% |
| 2020 | 19.5 | 47.46% |
| 2019 | 13.2 | 30.26% |
| 2018 | 10.1 | -51.99% |
| 2017 | 21.1 | 32.67% |
| 2016 | 15.9 | -29.85% |
| 2015 | 22.7 | 6.57% |
| 2014 | 21.3 | -30.82% |
| 2013 | 30.8 | 23.44% |
| 2012 | 24.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fortune Brands Home & Security
FBHS | 11.2 | -165.27% | 🇺🇸 USA |
 Armstrong World Industries
AWI | 15.3 | -189.43% | 🇺🇸 USA |
 Masonite DOOR | 11.8 | -169.12% | 🇺🇸 USA |
 Interface TILE | 123 | -817.37% | 🇺🇸 USA |
 Trex TREX | 47.0 | -375.22% | 🇺🇸 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.