P/E ratio for SunPower (SPWR)
P/E ratio as of April 2024 (TTM): -3.65
According to SunPower 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.64516. At the end of 2022 the company had a P/E ratio of 56.3.
P/E ratio history for SunPower from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 56.3 | -159.39% |
| 2021 | -94.9 | -1132.25% |
| 2020 | 9.19 | -73.01% |
| 2019 | 34.1 | -6126.56% |
| 2018 | -0.5651 | -31.93% |
| 2017 | -0.8302 | -34.6% |
| 2016 | -1.27 | -91.22% |
| 2015 | -14.5 | -263.17% |
| 2014 | 8.86 | -65.07% |
| 2013 | 25.4 | -2173.49% |
| 2012 | -1.22 | 87.01% |
| 2011 | -0.6538 | -114.55% |
| 2010 | 4.49 | -88.99% |
| 2009 | 40.8 | -361.05% |
| 2008 | -15.6 | -102.2% |
| 2007 | 712 | 1010.85% |
| 2006 | 64.1 | -819.58% |
| 2005 | -8.90 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NRG Energy
NRG | -9.16 | 151.25% | 🇺🇸 USA |
 First Solar
FSLR | 39.3 | -1,176.89% | 🇺🇸 USA |
 Enphase Energy
ENPH | 26.1 | -814.78% | 🇺🇸 USA |
 Canadian Solar
CSIQ | 2.29 | -162.77% | 🇨🇦 Canada |
 Meritage Homes MTH | 6.86 | -288.10% | 🇺🇸 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.