P/E ratio for Universal Forest Products (UFPI)
P/E ratio as of April 2024 (TTM): 12.9
According to Universal Forest Products 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8766. At the end of 2022 the company had a P/E ratio of 7.17.
P/E ratio history for Universal Forest Products from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.17 | -32.89% |
| 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 | -76.38% |
| 2011 | 134 | 210.53% |
| 2010 | 43.2 | 47.95% |
| 2009 | 29.2 | -75.03% |
| 2008 | 117 | 332.89% |
| 2007 | 27.0 | 116.24% |
| 2006 | 12.5 | -16.98% |
| 2005 | 15.1 | -6.69% |
| 2004 | 16.1 | 12.54% |
| 2003 | 14.3 | 39.53% |
| 2002 | 10.3 | -6.57% |
| 2001 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Louisiana-Pacific
LPX | 47.5 | 269.27% | 🇺🇸 USA |
 Boise Cascade
BCC | 10.8 | -15.80% | 🇺🇸 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.