P/E ratio for Matrix Service (MTRX)

P/E ratio history for Matrix Service from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
MYR Group MYRG	27.1	-503.78%	🇺🇸 USA
Primoris Services Corporation PRIM	34.9	-620.25%	🇺🇸 USA
Great Lakes Dredge & Dock Corp. GLDD	-19.8	195.67%	🇺🇸 USA
Emcor EME	44.6	-764.37%	🇺🇸 USA
Team Inc TISI	-0.8115	-87.90%	🇺🇸 USA
Oceaneering International OII	36.7	-646.92%	🇺🇸 USA
Tetra Technologies TTI	16.6	-347.40%	🇺🇸 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.