P/E ratio for Solaris Oilfield Infrastructure (SOI)
P/E ratio as of April 2024 (TTM): 12.3
According to Solaris Oilfield Infrastructure's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3397. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for Solaris Oilfield Infrastructure from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | -109.48% |
| 2021 | -164 | 1972.02% |
| 2020 | -7.90 | -195.4% |
| 2019 | 8.28 | 9.63% |
| 2018 | 7.56 | -112% |
| 2017 | -63.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | 97.9 | 693.29% | 🇺🇸 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.