P/E ratio for Quanta Services (PWR)
P/E ratio as of May 2023 (TTM): 49.7
According to Quanta Services 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.7143. At the end of 2021 the company had a P/E ratio of 33.2.
P/E ratio history for Quanta Services from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 33.2 | 46.28% |
| 2020 | 22.7 | 54.03% |
| 2019 | 14.7 | -5.42% |
| 2018 | 15.6 | -19.85% |
| 2017 | 19.5 | -27.98% |
| 2016 | 27.0 | 112.12% |
| 2015 | 12.7 | -39.44% |
| 2014 | 21.0 | 24.61% |
| 2013 | 16.9 | -10.95% |
| 2012 | 19.0 | -43.69% |
| 2011 | 33.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Primoris Services Corporation
PRIM | 10.9 | -78.07% | 🇺🇸 USA |
 IES Holdings IESC | 25.1 | -49.58% | 🇺🇸 USA |
 Emcor EME | 20.9 | -58.04% | 🇺🇸 USA |
 MasTec MTZ | -756 | -1,620.07% | 🇺🇸 USA |
 MYR Group MYRG | 25.5 | -48.72% | 🇺🇸 USA |
 Fluor Corporation
FLR | -388 | -881.32% | 🇺🇸 USA |
 Dycom Industries DY | 21.7 | -56.39% | 🇺🇸 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.