According to NV5 Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.02941. At the end of 2022 the company had a P/E ratio of 9.76.
Year | P/E ratio | Change |
---|---|---|
2022 | 9.76 | -7.03% |
2021 | 10.5 | -9.41% |
2020 | 11.6 | 80.04% |
2019 | 6.43 | 3.72% |
2018 | 6.20 | 7.69% |
2017 | 5.76 | -12.38% |
2016 | 6.57 | 47.17% |
2015 | 4.47 | 31.96% |
2014 | 3.39 | 28.1% |
2013 | 2.64 |
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.