P/E ratio for Universal Forest Products (UFPI)
P/E ratio as of September 2023 (TTM): 11.3
According to Universal Forest Products 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2638. At the end of 2021 the company had a P/E ratio of 10.7.
P/E ratio history for Universal Forest Products from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.7 | -23.05% |
| 2020 | 13.9 | -15.28% |
| 2019 | 16.4 | 52.17% |
| 2018 | 10.8 | -44.17% |
| 2017 | 19.3 | -6.16% |
| 2016 | 20.6 | 20.28% |
| 2015 | 17.1 | -8.11% |
| 2014 | 18.6 | -22.94% |
| 2013 | 24.1 | -23.85% |
| 2012 | 31.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Louisiana-Pacific
LPX | 18.9 | 67.67% | 🇺🇸 USA |
 Boise Cascade
BCC | 7.24 | -35.73% | 🇺🇸 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.