P/E ratio for TechnipFMC (FTI)
P/E ratio as of April 2024 (TTM): -364
According to TechnipFMC 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -364.136. At the end of 2022 the company had a P/E ratio of -54.1.
P/E ratio history for TechnipFMC from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -54.1 | -109.14% |
| 2021 | 592 | -62312.9% |
| 2020 | -0.9516 | -67.79% |
| 2019 | -2.95 | -13.41% |
| 2018 | -3.41 | -103.51% |
| 2017 | 97.1 | 1100.67% |
| 2016 | 8.08 | -98.65% |
| 2015 | 598 | 4134.35% |
| 2014 | 14.1 | 24.68% |
| 2013 | 11.3 | 73.73% |
| 2012 | 6.52 | -0.11% |
| 2011 | 6.52 | -0.31% |
| 2010 | 6.54 | -68.02% |
| 2009 | 20.5 | 618.75% |
| 2008 | 2.85 | -77.5% |
| 2007 | 12.7 | 178.72% |
| 2006 | 4.54 | -34.68% |
| 2005 | 6.95 | -7.19% |
| 2004 | 7.49 | -135.28% |
| 2003 | -21.2 | 37.8% |
| 2002 | -15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 17.9 | -104.91% | 🇺🇸 USA |
 NOV NOV | 14.6 | -104.00% | 🇺🇸 USA |
 Schlumberger SLB | 17.4 | -104.79% | 🇺🇸 USA |
 Forum Energy Technologies
FET | -54.3 | -85.08% | 🇺🇸 USA |
 Oil States International
OIS | 33.9 | -109.32% | 🇺🇸 USA |
 Dril-Quip DRQ | -389 | 6.83% | 🇺🇸 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.