XPEL
XPEL
#5275
Rank
$0.92 B
Marketcap
$33.65
Share price
-0.38%
Change (1 day)
-55.22%
Change (1 year)

P/E ratio for XPEL (XPEL)

P/E ratio as of May 2024 (TTM): 19.2

According to XPEL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.1932. At the end of 2022 the company had a P/E ratio of 40.3.

P/E ratio history for XPEL from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202240.3-32.7%
202159.9-23.33%
202078.1171.96%
201928.7

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.