P/E ratio for Northwest Pipe Company (NWPX)
P/E ratio as of December 2023 (TTM): 9.76
According to Northwest Pipe Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.7554. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Northwest Pipe Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -60.51% |
| 2021 | 27.2 | 87.28% |
| 2020 | 14.5 | 24.61% |
| 2019 | 11.6 | 4.52% |
| 2018 | 11.1 | -161.71% |
| 2017 | -18.1 | 0.66% |
| 2016 | -17.9 | 392.12% |
| 2015 | -3.64 | -80.15% |
| 2014 | -18.4 | -95.62% |
| 2013 | -420 | -3142.04% |
| 2012 | 13.8 | -17.95% |
| 2011 | 16.8 | -141.27% |
| 2010 | -40.7 | 19.79% |
| 2009 | -34.0 | -403.22% |
| 2008 | 11.2 | -33.53% |
| 2007 | 16.9 | 40.51% |
| 2006 | 12.0 | -11.61% |
| 2005 | 13.6 | 1.27% |
| 2004 | 13.4 | -45.58% |
| 2003 | 24.6 | 102.31% |
| 2002 | 12.2 | 27.42% |
| 2001 | 9.56 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 14.8 | 51.90% | 🇺🇸 USA |
 Omega Flex OFLX | 30.9 | 217.05% | 🇺🇸 USA |
 Gibraltar Industries
ROCK | 21.7 | 122.90% | 🇺🇸 USA |
 Tenaris TS | 4.95 | -49.23% | 🇱🇺 Luxembourg |
 Insteel Industries IIIN | 13.0 | 33.61% | 🇺🇸 USA |
 Valmont Industries
VMI | 30.1 | 208.32% | 🇺🇸 USA |
 U.S. Steel
X | 7.07 | -27.56% | 🇺🇸 USA |
 Mueller Water Products
MWA | 27.1 | 178.02% | 🇺🇸 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.