P/E ratio for TechnipFMC (FTI)
P/E ratio as of September 2023 (TTM): -77.0
According to TechnipFMC 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -76.9988. At the end of 2021 the company had a P/E ratio of 197.
P/E ratio history for TechnipFMC from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 197 | -15529.79% |
| 2020 | -1.28 | -59.27% |
| 2019 | -3.14 | -7.96% |
| 2018 | -3.41 | -110.11% |
| 2017 | 33.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 13.6 | -117.63% | 🇺🇸 USA |
 NOV NOV | 19.4 | -125.21% | 🇺🇸 USA |
 Schlumberger SLB | 21.3 | -127.72% | 🇺🇸 USA |
 Forum Energy Technologies
FET | -68.1 | -11.58% | 🇺🇸 USA |
 Oil States International
OIS | 69.1 | -189.72% | 🇺🇸 USA |
 Dril-Quip DRQ | 46.0 | -159.74% | 🇺🇸 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.