P/E ratio for Northwest Pipe Company (NWPX)
P/E ratio as of March 2023 (TTM): 12.3
According to Northwest Pipe Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2724. At the end of 2021 the company had a P/E ratio of 27.2.
P/E ratio history for Northwest Pipe Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | |
| 2012 | 13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NOV NOV | 593 | 4,731.98% | 🇺🇸 USA |
 Omega Flex OFLX | 46.9 | 281.93% | 🇺🇸 USA |
 Gibraltar Industries
ROCK | 17.2 | 39.90% | 🇺🇸 USA |
 Tenaris TS | 6.59 | -46.34% | 🇱🇺 Luxembourg |
 Insteel Industries IIIN | 4.69 | -61.75% | 🇺🇸 USA |
 Valmont Industries
VMI | 26.0 | 111.69% | 🇺🇸 USA |
 U.S. Steel
X | 1.89 | -84.63% | 🇺🇸 USA |
 Mueller Water Products
MWA | 25.8 | 110.26% | 🇺🇸 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.