P/E ratio for The Manitowoc Company (MTW)
P/E ratio as of April 2024 (TTM): -4.60
According to The Manitowoc Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.59636. At the end of 2022 the company had a P/E ratio of -2.61.
P/E ratio history for The Manitowoc Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.61 | -104.35% |
| 2021 | 60.0 | -347.8% |
| 2020 | -24.2 | -281.15% |
| 2019 | 13.4 | -270.94% |
| 2018 | -7.81 | -104.97% |
| 2017 | 157 | -7283.83% |
| 2016 | -2.19 | -129.62% |
| 2015 | 7.40 | 58.13% |
| 2014 | 4.68 | -5.23% |
| 2013 | 4.94 | 8.1% |
| 2012 | 4.57 | -117.55% |
| 2011 | -26.0 | 399.46% |
| 2010 | -5.21 | 1148.04% |
| 2009 | -0.4173 | -101.7% |
| 2008 | 24.5 | 440.92% |
| 2007 | 4.53 | 55.27% |
| 2006 | 2.92 | -64.34% |
| 2005 | 8.19 | 40.16% |
| 2004 | 5.84 | -89.26% |
| 2003 | 54.3 | -17.65% |
| 2002 | 66.0 | 1652.32% |
| 2001 | 3.77 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Caterpillar CAT | 19.3 | -520.89% | 🇺🇸 USA |
 Deere & Company DE | 11.6 | -351.76% | 🇺🇸 USA |
 Dover DOV | 24.6 | -635.50% | 🇺🇸 USA |
 Middleby MIDD | 16.7 | -463.68% | 🇺🇸 USA |
 Gencor Industries
GENC | 20.7 | -550.25% | 🇺🇸 USA |
 Columbus McKinnon CMCO | 23.7 | -615.39% | 🇺🇸 USA |
 Terex
TEX | 8.32 | -281.07% | 🇺🇸 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.