P/E ratio for Protolabs (PRLB)
P/E ratio as of April 2024 (TTM): -7.82
According to Protolabs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.81796. At the end of 2022 the company had a P/E ratio of -6.68.
P/E ratio history for Protolabs from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -6.68 | -115.75% |
| 2021 | 42.4 | -47.44% |
| 2020 | 80.7 | 89.22% |
| 2019 | 42.7 | 7.06% |
| 2018 | 39.9 | -24.55% |
| 2017 | 52.8 | 66.64% |
| 2016 | 31.7 | -11.41% |
| 2015 | 35.8 | -13.69% |
| 2014 | 41.5 | -19.04% |
| 2013 | 51.2 | 33.8% |
| 2012 | 38.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kadant KAI | 28.7 | -467.12% | 🇺🇸 USA |
 John Bean Technologies JBT | 5.17 | -166.16% | 🇺🇸 USA |
 Albany International
AIN | 33.1 | -523.70% | 🇺🇸 USA |
 3D Systems DDD | -3.62 | -53.75% | 🇺🇸 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.