P/E ratio for Pioneer Power Solutions (PPSI)
P/E ratio as of May 2024 (TTM): -77.6
According to Pioneer Power Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -77.6. At the end of 2022 the company had a P/E ratio of -7.24.
P/E ratio history for Pioneer Power Solutions from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.24 | -75.86% |
| 2021 | -30.0 | 163.57% |
| 2020 | -11.4 | -39.83% |
| 2019 | -18.9 | 134.21% |
| 2018 | -8.08 | 14.6% |
| 2017 | -7.05 | -92.89% |
| 2016 | -99.2 | 1808.02% |
| 2015 | -5.20 | -97.77% |
| 2014 | -234 | -1977.5% |
| 2013 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Emerson EMR | 4.62 | -105.96% | 🇺🇸 USA |
 General Electric GE | 19.0 | -124.51% | 🇺🇸 USA |
 Powell Industries POWL | 51.8 | -166.75% | 🇺🇸 USA |
 ABB ABBN.SW | 23.1 | -129.81% | 🇨🇭 Switzerland |
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.