P/E ratio for Modine Manufacturing (MOD)

P/E ratio history for Modine Manufacturing 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
BorgWarner BWA	11.1	-63.69%	🇺🇸 USA
Dana DAN	-11.3	-137.07%	🇺🇸 USA
Visteon VC	16.7	-45.13%	🇺🇸 USA
Johnson Controls JCI	28.1	-7.65%	🇮🇪 Ireland
Honeywell HON	28.1	-7.59%	🇺🇸 USA
Meritor MTOR	N/A	N/A	🇺🇸 USA
Standard Motor Products (SMP) SMP	20.2	-33.73%	🇺🇸 USA
Commercial Vehicle Group (CVG) CVGI	-12.8	-142.19%	🇺🇸 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.