Quanta Services
PWR
#403
Rank
A$77.60 B
Marketcap
$525.74
Share price
0.56%
Change (1 day)
88.90%
Change (1 year)

P/E ratio for Quanta Services (PWR)

P/E ratio as of November 2024 (TTM): 70.7

According to Quanta Services 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 70.695. At the end of 2022 the company had a P/E ratio of 41.5.

P/E ratio history for Quanta Services from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202241.525.01%
202133.246.28%
202022.754.03%
201914.7-5.42%
201815.6-19.85%
201719.5-27.98%
201627.0112.12%
201512.7-39.44%
201421.024.61%
201316.9-10.95%
201219.0-43.69%
201133.723.34%
201027.36.06%
200925.715.65%
200822.2-16.91%
200726.8-79.58%
2006131158.88%
200550.7-144.32%
2004-114369.67%
2003-24.31339.14%
2002-1.69-112.05%
200114.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
43.5-38.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-224-416.83%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-60.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-147-307.40%๐Ÿ‡บ๐Ÿ‡ธ USA
27.4-61.26%๐Ÿ‡บ๐Ÿ‡ธ USA
77.9 10.22%๐Ÿ‡บ๐Ÿ‡ธ USA
35.3-50.02%๐Ÿ‡บ๐Ÿ‡ธ 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.