ProPetro
PUMP
#5321
Rank
$0.87 B
Marketcap
$8.12
Share price
2.20%
Change (1 day)
11.45%
Change (1 year)

P/E ratio for ProPetro (PUMP)

P/E ratio as of March 2024 (TTM): 7.72

According to ProPetro's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.71845. At the end of 2022 the company had a P/E ratio of 519.

P/E ratio history for ProPetro from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022519-3492.65%
2021-15.3121.28%
2020-6.91-200.07%
20196.9016.52%
20185.92-99.71%
2017> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
80.1 937.77%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.