SP Plus Corporation
SP
#5425
Rank
$1.06 B
Marketcap
$53.99
Share price
0.00%
Change (1 day)
40.20%
Change (1 year)

P/E ratio for SP Plus Corporation (SP)

P/E ratio on July 18, 2024 (TTM): 30.5

According to SP Plus Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.5028. At the end of 2022 the company had a P/E ratio of 16.1.

P/E ratio history for SP Plus Corporation from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.1-15.13%
202118.9-639.35%
2020-3.51-118.21%
201919.354.73%
201812.5-37.51%
201719.9-26.31%
201627.1-11.66%
201530.628.73%
201423.8-49.51%
201347.1-78.56%
20122201241.3%
201116.4-15.35%
201019.410.98%
200917.5-0.75%
200817.6-33.28%
200726.4146.31%
200610.7-21.9%
200513.7-128.36%
2004-48.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.1-53.77%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8-54.87%๐Ÿ‡บ๐Ÿ‡ธ USA
32.3 6.02%๐Ÿ‡บ๐Ÿ‡ธ USA
3.32-89.10%๐Ÿ‡บ๐Ÿ‡ธ 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.