P/E ratio for Smith-Midland (SMID)
P/E ratio as of May 2024 (TTM): -284
According to Smith-Midland's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -283.624. At the end of 2022 the company had a P/E ratio of 136.
P/E ratio history for Smith-Midland from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 136 | 318.96% |
| 2021 | 32.4 | 74.93% |
| 2020 | 18.5 | 14.26% |
| 2019 | 16.2 | -28.46% |
| 2018 | 22.7 | 75.38% |
| 2017 | 12.9 | 37.7% |
| 2016 | 9.39 | -39.54% |
| 2015 | 15.5 | -212.9% |
| 2014 | -13.8 | -189.53% |
| 2013 | 15.4 | -37.64% |
| 2012 | 24.6 | -223.13% |
| 2011 | -20.0 | -682.86% |
| 2010 | 3.43 | -29.19% |
| 2009 | 4.85 | -24.8% |
| 2008 | 6.44 | -163.7% |
| 2007 | -10.1 | -20% |
| 2006 | -12.6 | -224.4% |
| 2005 | 10.2 | 15.29% |
| 2004 | 8.82 | -535.72% |
| 2003 | -2.02 | -127.21% |
| 2002 | 7.44 | 233.41% |
| 2001 | 2.23 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 U.S. Concrete
USCR | N/A | N/A | 🇺🇸 USA |
 Gencor Industries
GENC | 24.8 | -108.73% | 🇺🇸 USA |
 James Hardie Industries
JHX | 32.7 | -111.54% | 🇮🇪 Ireland |
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.