P/E ratio for DNOW Inc. (DNOW)
P/E ratio as of April 2025 (TTM): 12.1
According to DNOW Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1176. At the end of 2022 the company had a P/E ratio of 11.2.
P/E ratio history for DNOW Inc. from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.2 | -93.42% |
| 2021 | 171 | -9377.44% |
| 2020 | -1.84 | -85.42% |
| 2019 | -12.6 | -149.91% |
| 2018 | 25.3 | -210.12% |
| 2017 | -23.0 | 144.72% |
| 2016 | -9.39 | 177.78% |
| 2015 | -3.38 | -114.23% |
| 2014 | 23.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 14.1 | 16.73% | 🇺🇸 USA |
 | 22.1 | 82.07% | 🇺🇸 USA |
 | 3.87 | -68.05% | 🇨🇦 Canada |
 | 13.5 | 11.66% | 🇺🇸 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.