P/E ratio for SunPower (SPWR)
P/E ratio as of May 2023 (TTM): 54.0
According to SunPower 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.0263. At the end of 2021 the company had a P/E ratio of -99.4.
P/E ratio history for SunPower from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -99.4 | -1177.53% |
| 2020 | 9.22 | -72.92% |
| 2019 | 34.1 | -6126.56% |
| 2018 | -0.5651 | -37.56% |
| 2017 | -0.9050 | -28.71% |
| 2016 | -1.27 | -91.22% |
| 2015 | -14.5 | -263.17% |
| 2014 | 8.86 | -65.07% |
| 2013 | 25.4 | -2173.49% |
| 2012 | -1.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NRG Energy
NRG | 8.93 | -83.48% | 🇺🇸 USA |
 First Solar
FSLR | 517 | 857.32% | 🇺🇸 USA |
 Enphase Energy
ENPH | 45.6 | -15.51% | 🇺🇸 USA |
 Canadian Solar
CSIQ | 11.7 | -78.39% | 🇨🇦 Canada |
 Meritage Homes MTH | 4.72 | -91.26% | 🇺🇸 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.