P/E ratio for SPX Corporation (SPXC)
P/E ratio as of April 2024 (TTM): 100
According to SPX Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 100.3. At the end of 2022 the company had a P/E ratio of > 1000.
P/E ratio history for SPX Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | > 1000 | 103193.15% |
| 2021 | 6.36 | -74.6% |
| 2020 | 25.0 | -20.83% |
| 2019 | 31.6 | 112.11% |
| 2018 | 14.9 | -0.33% |
| 2017 | 14.9 | -229.18% |
| 2016 | -11.6 | 151.75% |
| 2015 | -4.60 | -291.81% |
| 2014 | 2.40 | -56.73% |
| 2013 | 5.54 | 63.31% |
| 2012 | 3.39 | -24.27% |
| 2011 | 4.48 | 2.96% |
| 2010 | 4.35 | -79.48% |
| 2009 | 21.2 | 852.57% |
| 2008 | 2.22 | -53.44% |
| 2007 | 4.78 | -10.33% |
| 2006 | 5.33 | 599.56% |
| 2005 | 0.7618 | -101.74% |
| 2004 | -43.9 | -1015.15% |
| 2003 | 4.79 | -36.34% |
| 2002 | 7.53 | -14.84% |
| 2001 | 8.84 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SPX Corporation SPXC | 100 | 0.00% | 🇺🇸 USA |
 Trane Technologies
TT | 34.6 | -65.55% | 🇮🇪 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.