P/E ratio for Quanex Building Products (NX)
P/E ratio as of September 2023 (TTM): 11.4
According to Quanex Building Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4321. At the end of 2021 the company had a P/E ratio of 14.4.
P/E ratio history for Quanex Building Products from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.4 | -23.3% |
| 2020 | 18.8 | -256.16% |
| 2019 | -12.0 | -167.27% |
| 2018 | 17.9 | |
| 2016 | -406 | -1054.15% |
| 2015 | 42.6 | |
| 2013 | -62.3 | 37.25% |
| 2012 | -45.4 | -172.47% |
| 2011 | 62.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kaiser Aluminum
KALU | 118 | 929.17% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 9.60 | -15.99% | 🇺🇸 USA |
 Masonite DOOR | 11.8 | 3.39% | 🇺🇸 USA |
 Valmont Industries
VMI | 19.0 | 65.94% | 🇺🇸 USA |
 Simpson Manufacturing Company
SSD | 18.9 | 65.42% | 🇺🇸 USA |
 PGT Innovations
PGTI | 15.1 | 32.15% | 🇺🇸 USA |
 Alcoa AA | -3.60 | -131.49% | 🇺🇸 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.