P/E ratio for SunPower (SPWR)

P/E ratio history for SunPower from 2005 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
First Solar FSLR	40.9	-20,754.79%	🇺🇸 USA
Canadian Solar CSIQ	1.79	-1,002.43%	🇨🇦 Canada
NRG Energy NRG	-11.8	5,860.92%	🇺🇸 USA
Meritage Homes MTH	7.08	-3,676.17%	🇺🇸 USA
Enphase Energy ENPH	17.0	-8,663.15%	🇺🇸 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.