P/E ratio for Simpson Manufacturing Company (SSD)
P/E ratio as of May 2023 (TTM): 15.9
According to Simpson Manufacturing Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8822. At the end of 2021 the company had a P/E ratio of 22.6.
P/E ratio history for Simpson Manufacturing Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.6 | 3.81% |
| 2020 | 21.8 | -18.28% |
| 2019 | 26.7 | 37.88% |
| 2018 | 19.3 | -34% |
| 2017 | 29.3 | 25.2% |
| 2016 | 23.4 | -5.46% |
| 2015 | 24.7 | -7.02% |
| 2014 | 26.6 | -23.91% |
| 2013 | 35.0 | -7.19% |
| 2012 | 37.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 17.5 | 10.21% | 🇺🇸 USA |
 Nucor
NUE | 5.32 | -66.48% | 🇺🇸 USA |
 Universal Forest Products
UFPI | 8.04 | -49.38% | 🇺🇸 USA |
 TriMas TRS | 18.8 | 18.61% | 🇺🇸 USA |
 Gibraltar Industries
ROCK | 19.8 | 24.81% | 🇺🇸 USA |
 Apogee Enterprises APOG | 8.14 | -48.75% | 🇺🇸 USA |
 Steel Partners SPLP | 4.40 | -72.31% | 🇺🇸 USA |
 Trex TREX | 38.1 | 139.76% | 🇺🇸 USA |
 Quanex Building Products NX | 8.79 | -44.67% | 🇺🇸 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.