Preformed Line Products
PLPC
#5734
Rank
$0.61 B
Marketcap
$124.08
Share price
0.24%
Change (1 day)
-2.27%
Change (1 year)

P/E ratio for Preformed Line Products (PLPC)

P/E ratio as of April 2024 (TTM): 8.33

According to Preformed Line Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.32752. At the end of 2022 the company had a P/E ratio of 7.55.

P/E ratio history for Preformed Line Products from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.55-14.92%
20218.88-21.93%
202011.4-12.78%
201913.027.1%
201810.3-64.2%
201728.645.91%
201619.6-41.7%
201533.747.35%
201422.919.98%
201319.176.35%
201210.86.66%
201110.1-23.51%
201013.235.14%
20099.80-28.7%
200813.7-42.94%
200724.147.58%
200616.3-19.91%
200520.460.31%
200412.7-68.68%
200340.6-148.68%
2002-83.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.3 444.55%๐Ÿ‡บ๐Ÿ‡ธ USA
34.9 319.14%๐Ÿ‡บ๐Ÿ‡ธ USA
9.14 9.75%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5 62.41%๐Ÿ‡บ๐Ÿ‡ธ 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.