P/E ratio for SP Plus Corporation (SP)
P/E ratio as of April 2024 (TTM): 28.9
According to SP Plus Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.9322. 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 |
|---|---|---|
| 2022 | 16.1 | -15.13% |
| 2021 | 18.9 | -639.35% |
| 2020 | -3.51 | -118.21% |
| 2019 | 19.3 | 54.73% |
| 2018 | 12.5 | -37.51% |
| 2017 | 19.9 | -26.31% |
| 2016 | 27.1 | -11.66% |
| 2015 | 30.6 | 28.73% |
| 2014 | 23.8 | -49.51% |
| 2013 | 47.1 | -78.56% |
| 2012 | 220 | 1241.3% |
| 2011 | 16.4 | -15.35% |
| 2010 | 19.4 | 10.98% |
| 2009 | 17.5 | -0.75% |
| 2008 | 17.6 | -33.28% |
| 2007 | 26.4 | 146.31% |
| 2006 | 10.7 | -21.9% |
| 2005 | 13.7 | -128.36% |
| 2004 | -48.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cintas CTAS | 49.0 | 69.35% | 🇺🇸 USA |
 TTEC TTEC | 5.96 | -79.41% | 🇺🇸 USA |
 Huron Consulting HURN | 24.1 | -16.86% | 🇺🇸 USA |
 ABM Industries
ABM | 12.2 | -57.71% | 🇺🇸 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.