P/E ratio for Powell Industries (POWL)
P/E ratio as of April 2024 (TTM): 48.0
According to Powell Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48. At the end of 2022 the company had a P/E ratio of 23.3.
P/E ratio history for Powell Industries from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.3 | -111.85% |
| 2021 | -197 | -880% |
| 2020 | 25.2 | -32.09% |
| 2019 | 37.1 | -153.42% |
| 2018 | -69.5 | 212.81% |
| 2017 | -22.2 | -178.02% |
| 2016 | 28.5 | -13.6% |
| 2015 | 32.9 | 16.17% |
| 2014 | 28.4 | 52% |
| 2013 | 18.7 | 46.93% |
| 2012 | 12.7 | -123.55% |
| 2011 | -53.9 | -352.6% |
| 2010 | 21.4 | 146.48% |
| 2009 | 8.66 | -20.6% |
| 2008 | 10.9 | -74.5% |
| 2007 | 42.8 | 5.71% |
| 2006 | 40.5 | -52.67% |
| 2005 | 85.5 | -25.99% |
| 2004 | 116 | 298.28% |
| 2003 | 29.0 | 187.26% |
| 2002 | 10.1 | -30.04% |
| 2001 | 14.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 19.0 | -60.44% | 🇺🇸 USA |
 Littelfuse LFUS | 18.5 | -61.42% | 🇺🇸 USA |
 AZZ AZZ | 77.5 | 61.55% | 🇺🇸 USA |
 ABB ABBN.SW | 23.0 | -52.15% | 🇨🇭 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.