P/E ratio for UniFirst (UNF)
P/E ratio as of April 2024 (TTM): 28.9
According to UniFirst's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.8873. At the end of 2022 the company had a P/E ratio of 33.6.
P/E ratio history for UniFirst from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.6 | 25.7% |
| 2021 | 26.7 | -10.2% |
| 2020 | 29.7 | 52.21% |
| 2019 | 19.5 | 22.06% |
| 2018 | 16.0 | -61.67% |
| 2017 | 41.7 | 77.28% |
| 2016 | 23.5 | 45.09% |
| 2015 | 16.2 | -14.07% |
| 2014 | 18.9 | 11.74% |
| 2013 | 16.9 | 21.5% |
| 2012 | 13.9 | 0.04% |
| 2011 | 13.9 | -1.07% |
| 2010 | 14.1 | 23.56% |
| 2009 | 11.4 | 32.2% |
| 2008 | 8.61 | -41.12% |
| 2007 | 14.6 | -20.09% |
| 2006 | 18.3 | -81.77% |
| 2005 | 100 | 588.21% |
| 2004 | 14.6 | 7.59% |
| 2003 | 13.5 | -10.79% |
| 2002 | 15.2 | -15.81% |
| 2001 | 18.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cintas CTAS | 49.3 | 70.62% | 🇺🇸 USA |
 Healthcare Services Group HCSG | 24.7 | -14.64% | 🇺🇸 USA |
 Aramark ARMK | 15.5 | -46.39% | 🇺🇸 USA |
 ABM Industries
ABM | 12.3 | -57.47% | 🇺🇸 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.