P/E ratio for Amdocs (DOX)
P/E ratio as of June 2024 (TTM): 16.7
According to Amdocs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.6553. At the end of 2022 the company had a P/E ratio of 20.3.
P/E ratio history for Amdocs from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.3 | 11.95% |
| 2021 | 18.2 | 32.15% |
| 2020 | 13.7 | -31.07% |
| 2019 | 19.9 | -18.64% |
| 2018 | 24.5 | 17.54% |
| 2017 | 20.9 | -1.55% |
| 2016 | 21.2 | 5.58% |
| 2015 | 20.1 | 22.97% |
| 2014 | 16.3 | 2.07% |
| 2013 | 16.0 | 12.86% |
| 2012 | 14.2 | 0.77% |
| 2011 | 14.1 | -15.58% |
| 2010 | 16.6 | -2.55% |
| 2009 | 17.1 | 61.59% |
| 2008 | 10.6 | -46.02% |
| 2007 | 19.6 | -17.11% |
| 2006 | 23.6 | 26.3% |
| 2005 | 18.7 | -12.34% |
| 2004 | 21.3 | -16.46% |
| 2003 | 25.5 | -71.38% |
| 2002 | 89.3 | -31.67% |
| 2001 | 131 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oracle ORCL | 33.7 | 102.60% | 🇺🇸 USA |
 HP HPQ | 16.4 | -1.49% | 🇺🇸 USA |
 Synchronoss SNCR | -19.8 | -219.06% | 🇺🇸 USA |
 Ericsson ERIC | -9.40 | -156.47% | 🇸🇪 Sweden |
 CSG International
CSGS | 17.6 | 5.90% | 🇺🇸 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.