Generac Power Systems
GNRC
#1919
Rank
โ‚น715.38 B
Marketcap
โ‚น11,893
Share price
-0.80%
Change (1 day)
29.79%
Change (1 year)

P/E ratio for Generac Power Systems (GNRC)

P/E ratio as of September 2024 (TTM): 54.6

According to Generac Power Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.6182. At the end of 2022 the company had a P/E ratio of 18.2.

P/E ratio history for Generac Power Systems from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.2-55.93%
202141.31.9%
202040.565.23%
201924.576.72%
201813.9-27.39%
201719.1-28.66%
201626.83.54%
201525.941.17%
201418.3-17.12%
201322.1-10.37%
201224.7326.21%
20115.79-219.26%
2010-4.86

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.6-71.43%๐Ÿ‡บ๐Ÿ‡ธ USA
49.5-9.43%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-61.83%๐Ÿ‡บ๐Ÿ‡ธ USA
23.0-57.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.3190-100.58%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.