P/E ratio for EPAM Systems (EPAM)
P/E ratio as of June 2024 (TTM): 21.4
According to EPAM Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.4434. At the end of 2022 the company had a P/E ratio of 44.8.
P/E ratio history for EPAM Systems from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.8 | -42.93% |
| 2021 | 78.5 | 28.74% |
| 2020 | 60.9 | 36.73% |
| 2019 | 44.6 | 72.12% |
| 2018 | 25.9 | -66.01% |
| 2017 | 76.2 | 133.4% |
| 2016 | 32.6 | -27.75% |
| 2015 | 45.2 | 39.1% |
| 2014 | 32.5 | 25.51% |
| 2013 | 25.9 | 84.46% |
| 2012 | 14.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 35.8 | 66.85% | 🇺🇸 USA |
 IBM IBM | 21.7 | 1.37% | 🇺🇸 USA |
 Cognizant Technology Solutions CTSH | 15.7 | -26.68% | 🇺🇸 USA |
 Accenture ACN | 26.1 | 21.85% | 🇮🇪 Ireland |
 Wipro WIT | 19.7 | -8.27% | 🇮🇳 India |
 Infosys INFY | 23.4 | 9.27% | 🇮🇳 India |
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.