P/E ratio for U.S. Well Services (USWS)
P/E ratio as of April 2024 (TTM): -0.7985
According to U.S. Well Services 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.798491. At the end of 2021 the company had a P/E ratio of -0.0707.
P/E ratio history for U.S. Well Services from 2017 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -0.0707 | 1377% |
| 2020 | -0.0048 | -99.47% |
| 2019 | -0.9000 | -87.95% |
| 2018 | -7.47 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oceaneering International
OII | 32.7 | -4,199.46% | 🇺🇸 USA |
 Oil States International
OIS | 26.9 | -3,473.55% | 🇺🇸 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.