P/E ratio for Standex (SXI)
P/E ratio as of September 2023 (TTM): 12.3
According to Standex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2761. At the end of 2021 the company had a P/E ratio of 28.8.
P/E ratio history for Standex from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 28.8 | -49.07% |
| 2020 | 56.6 | 262.96% |
| 2019 | 15.6 | 0.02% |
| 2018 | 15.6 | -60.21% |
| 2017 | 39.2 | 68.55% |
| 2016 | 23.2 | 26.62% |
| 2015 | 18.4 | -7.82% |
| 2014 | 19.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ametek AME | 28.3 | 130.71% | 🇺🇸 USA |
 Parker-Hannifin
PH | 23.7 | 93.00% | 🇺🇸 USA |
 Middleby MIDD | 15.5 | 26.49% | 🇺🇸 USA |
 Lydall LDL | N/A | N/A | 🇺🇸 USA |
 The Manitowoc Company
MTW | -4.96 | -140.43% | 🇺🇸 USA |
 Aaon AAON | 30.8 | 151.10% | 🇺🇸 USA |
 Lennox LII | 24.2 | 97.38% | 🇺🇸 USA |
 John Bean Technologies JBT | 26.2 | 113.05% | 🇺🇸 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.