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Comfort Systems USA PE Ratio

: 18.15 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-08-12), Comfort Systems USA's share price is $106.55. Comfort Systems USA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $5.87. Therefore, Comfort Systems USA's PE Ratio for today is 18.15.


The historical rank and industry rank for Comfort Systems USA's PE Ratio or its related term are showing as below:

FIX' s PE Ratio Range Over the Past 10 Years
Min: 10.1   Med: 21.78   Max: 42.21
Current: 18.05


During the past 13 years, the highest PE Ratio of Comfort Systems USA was 42.21. The lowest was 10.10. And the median was 21.78.


FIX's PE Ratio is ranked worse than
60.68% of 1203 companies
in the Construction industry
Industry Median: 13.45 vs FIX: 18.05

Comfort Systems USA's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $1.17. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $5.87.

As of today (2022-08-12), Comfort Systems USA's share price is $106.55. Comfort Systems USA's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $5.87. Therefore, Comfort Systems USA's PE Ratio without NRI for today is 18.15.

During the past 13 years, Comfort Systems USA's highest PE Ratio without NRI was 37.17. The lowest was 10.10. And the median was 21.78.

Comfort Systems USA's EPS without NRI for the three months ended in Jun. 2022 was $1.17. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $5.87.

During the past 12 months, Comfort Systems USA's average EPS without NRI Growth Rate was 41.10% per year. During the past 3 years, the average EPS without NRI Growth Rate was 9.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 22.90% per year.

During the past 13 years, Comfort Systems USA's highest 3-Year average EPS without NRI Growth Rate was 63.60% per year. The lowest was -96.10% per year. And the median was 21.40% per year.

Comfort Systems USA's EPS (Basic) for the three months ended in Jun. 2022 was $1.17. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2022 was $5.89.


Comfort Systems USA PE Ratio Historical Data

The historical data trend for Comfort Systems USA's PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comfort Systems USA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.69 14.56 16.19 12.88 25.18

Comfort Systems USA Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.94 17.52 25.18 15.89 14.17

Competitive Comparison

For the Engineering & Construction subindustry, Comfort Systems USA's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Comfort Systems USA PE Ratio Distribution

For the Construction industry and Industrials sector, Comfort Systems USA's PE Ratio distribution charts can be found below:

* The bar in red indicates where Comfort Systems USA's PE Ratio falls into.



Comfort Systems USA PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Comfort Systems USA's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=106.55/5.870
=18.15

Comfort Systems USA's Share Price of today is $106.55.
Comfort Systems USA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.87.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Comfort Systems USA  (NYSE:FIX) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Comfort Systems USA PE Ratio Related Terms

Thank you for viewing the detailed overview of Comfort Systems USA's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Comfort Systems USA Business Description

Comfort Systems USA logo
Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, and air conditioning, or HVAC; plumbing; piping and controls; construction; and other electrical components. Projects are primarily for commercial, industrial, and institutional buildings, and tend to be geared toward HVAC. Revenue is roughly split between installation services in newly constructed facilities, and maintenance services for existing buildings. Replacing existing air systems with modern, energy-efficient systems can reduce a building's costs and improve the environment within the designated area. The company installs and repairs products and systems throughout the United States.
Executives
Reed Terrence officer: SVP of People and Leadership C/O COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057
Wallis-lage Cindy L. director C/O COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057
Young Terrence Andrew officer: Senior Vice President Service 675 BERING DRIVE SUITE 400 HOUSTON TX 77057
Howell Laura Finley officer: VP, General Counsel, Secretary 675 BERING DRIVE SUITE 400 HOUSTON TX 77057
Mercado, Pablo G. director 920 MEMORIAL CITY WAY, SUITE 800 HOUSTON TX 77024
Sandbrook William J director C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Giardenelli Alfred J Jr director
Mylett James Matthew officer: Senior Vice President 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057
Tang Vance W director C/O KONE INC. 4225 NAPERVILLE ROAD, SUITE 400 LISLE IL 60532
Skidmore Constance Ellen director 675 BERING DRIVE SUITE 400 HOUSTON TX 77057
Schultz James H director COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057
Anderson Darcy director C/O PEROT SYSTEMS CORP 2300 WEST PLANO PKWY PLANO TX 75075
Krusi Alan director AECOM 555 SOUTH FLOWER ST. 37TH FLOOR LOS ANGELES CA 90071
Bulls Herman E director JONES LANG LASALLE 1801 K STREET NW SUITE 1000 WASHINGTON DC 20006
Wagner Robert D director COMFORT SYSTEMS USA, INC. 675 BERING DRIVE, SUITE 400 HOUSTON TX 77057

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