P/E ratio for Tutor Perini (TPC)
P/E ratio as of May 2023 (TTM): -1.23
According to Tutor Perini 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.22993. At the end of 2021 the company had a P/E ratio of 6.91.
P/E ratio history for Tutor Perini from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.91 | 14.2% |
| 2020 | 6.05 | -463.27% |
| 2019 | -1.67 | -117.52% |
| 2018 | 9.51 | 12.12% |
| 2017 | 8.48 | -40.95% |
| 2016 | 14.4 | -20.23% |
| 2015 | 18.0 | |
| 2013 | 14.5 | -690.68% |
| 2012 | -2.45 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sterling Construction STRL | 13.5 | -1,197.96% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 11.1 | -1,000.54% | 🇺🇸 USA |
 Comfort Systems FIX | 25.1 | -2,137.21% | 🇺🇸 USA |
 Emcor EME | 20.9 | -1,797.79% | 🇺🇸 USA |
 KBR
KBR | 23.4 | -2,004.03% | 🇺🇸 USA |
 Granite Construction
GVA | 18.0 | -1,566.70% | 🇺🇸 USA |
 Fluor Corporation
FLR | -391 | 31,702.05% | 🇺🇸 USA |
 AECOM ACM | 28.9 | -2,447.77% | 🇺🇸 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.