P/E ratio for Universal Technical Institute (UTI)
P/E ratio as of May 2024 (TTM): 306
According to Universal Technical Institute's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 305.8. At the end of 2022 the company had a P/E ratio of 42.0.
P/E ratio history for Universal Technical Institute from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 42.0 | 109.46% |
| 2021 | 20.1 | -155.87% |
| 2020 | -35.9 | -20.87% |
| 2019 | -45.4 | 2099.31% |
| 2018 | -2.06 | -56.18% |
| 2017 | -4.71 | 234.75% |
| 2016 | -1.41 | -82.5% |
| 2015 | -8.03 | -110.61% |
| 2014 | 75.7 | -56.47% |
| 2013 | 174 | 454.18% |
| 2012 | 31.4 | 106.22% |
| 2011 | 15.2 | -15.02% |
| 2010 | 17.9 | -30.87% |
| 2009 | 25.9 | -75.87% |
| 2008 | 107 | 253.5% |
| 2007 | 30.4 | 21.65% |
| 2006 | 25.0 | 4.85% |
| 2005 | 23.8 | -30.07% |
| 2004 | 34.0 | 36.14% |
| 2003 | 25.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Strategic Education
STRA | 54.9 | -82.05% | 🇺🇸 USA |
 Element Solutions ESI | 106 | -65.34% | 🇺🇸 USA |
 Franklin Covey FC | 29.5 | -90.35% | 🇺🇸 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.