P/E ratio for Yellow Corporation (YELLQ)
P/E ratio as of April 2024 (TTM): -4.81
According to Yellow Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.80968. At the end of 2022 the company had a P/E ratio of 5.98.
P/E ratio history for Yellow Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.98 | -202.53% |
| 2021 | -5.83 | 80.26% |
| 2020 | -3.23 | 296.91% |
| 2019 | -0.8147 | -119.4% |
| 2018 | 4.20 | -109.93% |
| 2017 | -42.3 | -313.38% |
| 2016 | 19.8 | -100% |
| 2015 | > 1000 | -2.1977966679534E+18% |
| 2014 | -5.81 | 203.11% |
| 2013 | -1.92 | 460.68% |
| 2012 | -0.3419 | 3593.64% |
| 2011 | -0.0093 | -88.64% |
| 2010 | -0.0815 | 1.56% |
| 2009 | -0.0803 | -52.67% |
| 2008 | -0.1696 | -88.9% |
| 2007 | -1.53 | -119.53% |
| 2006 | 7.83 | -7.53% |
| 2005 | 8.46 | -41.8% |
| 2004 | 14.5 | -46.11% |
| 2003 | 27.0 | -479.33% |
| 2002 | -7.12 | -117.58% |
| 2001 | 40.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Old Dominion Freight Line
ODFL | 18.4 | -482.04% | 🇺🇸 USA |
 Saia
SAIA | 41.3 | -958.82% | 🇺🇸 USA |
 Yellow Corporation YELLQ | -4.81 | 0.00% | 🇺🇸 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.