P/E ratio for Limbach Holdings (LMB)
P/E ratio as of May 2024 (TTM): 32.0
According to Limbach Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0265. At the end of 2022 the company had a P/E ratio of 16.0.
P/E ratio history for Limbach Holdings from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.0 | 12.11% |
| 2021 | 14.3 | -14.26% |
| 2020 | 16.7 | -201.38% |
| 2019 | -16.4 | 136.7% |
| 2018 | -6.94 | -93.98% |
| 2017 | -115 | -211.37% |
| 2016 | 103 | 386.76% |
| 2015 | 21.3 |
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.