P/E ratio for Universal Logistics Holdings (ULH)
P/E ratio as of September 2023 (TTM): 5.06
According to Universal Logistics Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.0625. At the end of 2021 the company had a P/E ratio of 6.91.
P/E ratio history for Universal Logistics Holdings from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Schneider SNDR | 12.0 | 137.55% | 🇺🇸 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.