P/E ratio for Summit Materials (SUM)
P/E ratio as of March 2025 (TTM): 20.0
According to Summit Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.0344. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for Summit Materials from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | -59.77% |
| 2021 | 31.1 | 85.95% |
| 2020 | 16.7 | -63.59% |
| 2019 | 46.0 | 11.2% |
| 2018 | 41.3 | 44.61% |
| 2017 | 28.6 | -53.54% |
| 2016 | 61.5 | 44.66% |
| 2015 | 42.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -3.23 | -116.14% | 🇺🇸 USA |
 | 18.6 | -7.29% | 🇺🇸 USA |
 | -4.82 | -124.04% | 🇺🇸 USA |
 | 5.37 | -73.17% | 🇺🇸 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.