According to Summit Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3168. At the end of 2022 the company had a P/E ratio of 12.5.
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 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Caterpillar CAT | 19.8 | 29.00% | ๐บ๐ธ USA |
L.B. Foster FSTR | -6.88 | -144.89% | ๐บ๐ธ USA |
The Manitowoc Company
MTW | -4.57 | -129.87% | ๐บ๐ธ USA |
Terex
TEX | 8.43 | -44.99% | ๐บ๐ธ USA |
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.