P/E ratio for Sunworks (SUNW)
P/E ratio as of April 2024 (TTM): -0.0682
According to Sunworks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0681818. At the end of 2022 the company had a P/E ratio of -1.82.
P/E ratio history for Sunworks from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.82 | -41.44% |
| 2021 | -3.10 | -30.95% |
| 2020 | -4.49 | 647.34% |
| 2019 | -0.6010 | -48.55% |
| 2018 | -1.17 | -63.29% |
| 2017 | -3.18 | -30% |
| 2016 | -4.55 | -104.91% |
| 2015 | 92.5 | -4300.9% |
| 2014 | -2.20 | 107.71% |
| 2013 | -1.06 | -44.76% |
| 2012 | -1.92 | |
| 2010 | -15.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Power Integrations
POWI | 42.4 | -62,247.67% | 🇺🇸 USA |
 Photronics PLAB | 14.3 | -21,005.73% | 🇺🇸 USA |
 PDF Solutions PDFS | 125 | -183,921.78% | 🇺🇸 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.