P/E ratio for Universal Logistics Holdings (ULH)
P/E ratio as of April 2024 (TTM): 8.22
According to Universal Logistics Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.2225. At the end of 2022 the company had a P/E ratio of 5.26.
P/E ratio history for Universal Logistics Holdings from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.26 | -23.89% |
| 2021 | 6.91 | -40.28% |
| 2020 | 11.6 | -18.86% |
| 2019 | 14.3 | 45% |
| 2018 | 9.83 | -59.02% |
| 2017 | 24.0 | 26.19% |
| 2016 | 19.0 | 84.16% |
| 2015 | 10.3 | -45.32% |
| 2014 | 18.9 | 4.58% |
| 2013 | 18.1 | -2.07% |
| 2012 | 18.4 | 236.04% |
| 2011 | 5.49 | 0.16% |
| 2010 | 5.48 | -90.62% |
| 2009 | 58.4 | 287.6% |
| 2008 | 15.1 | -12.73% |
| 2007 | 17.3 | -6.24% |
| 2006 | 18.4 | -11.15% |
| 2005 | 20.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Schneider SNDR | 11.8 | 43.19% | 🇺🇸 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.