P/E ratio for Quanex Building Products (NX)
P/E ratio as of June 2024 (TTM): 11.8
According to Quanex Building Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8189. At the end of 2022 the company had a P/E ratio of 8.84.
P/E ratio history for Quanex Building Products from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.84 | -38.67% |
| 2021 | 14.4 | -23.3% |
| 2020 | 18.8 | -256.16% |
| 2019 | -12.0 | -167.27% |
| 2018 | 17.9 | -57.97% |
| 2017 | 42.5 | -110.48% |
| 2016 | -406 | -1054.15% |
| 2015 | 42.6 | 79% |
| 2014 | 23.8 | -138.19% |
| 2013 | -62.3 | 37.25% |
| 2012 | -45.4 | -172.47% |
| 2011 | 62.6 | 107.84% |
| 2010 | 30.1 | -752.97% |
| 2009 | -4.61 | -128.54% |
| 2008 | 16.2 | 13.3% |
| 2007 | 14.3 | 76.42% |
| 2006 | 8.08 | -0.45% |
| 2005 | 8.12 | -82.85% |
| 2004 | 47.3 | 17.12% |
| 2003 | 40.4 | 67.16% |
| 2002 | 24.2 | -33.67% |
| 2001 | 36.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kaiser Aluminum
KALU | 109 | 820.39% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 12.3 | 4.49% | 🇺🇸 USA |
 Masonite DOOR | 16.8 | 42.45% | 🇺🇸 USA |
 Valmont Industries
VMI | 37.3 | 215.84% | 🇺🇸 USA |
 Simpson Manufacturing Company
SSD | 19.4 | 64.46% | 🇺🇸 USA |
 PGT Innovations
PGTI | 21.8 | 84.08% | 🇺🇸 USA |
 Alcoa AA | -7.69 | -165.05% | 🇺🇸 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.