P/E ratio for PTC (PTC)
P/E ratio as of June 2024 (TTM): 83.6
According to PTC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 83.5865. At the end of 2022 the company had a P/E ratio of 41.1.
P/E ratio history for PTC from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 41.1 | 44.89% |
| 2021 | 28.4 | -75.8% |
| 2020 | 117 | -115.66% |
| 2019 | -749 | -569.76% |
| 2018 | 159 | -34.42% |
| 2017 | 243 | -283.87% |
| 2016 | -132 | -122.9% |
| 2015 | 577 | 1915.75% |
| 2014 | 28.6 | -0.48% |
| 2013 | 28.8 | -124.29% |
| 2012 | -118 | -619.05% |
| 2011 | 22.8 | -82.78% |
| 2010 | 133 | 200.1% |
| 2009 | 44.2 | 130.41% |
| 2008 | 19.2 | 31% |
| 2007 | 14.6 | -52.1% |
| 2006 | 30.5 | 17.16% |
| 2005 | 26.1 | 26.58% |
| 2004 | 20.6 | -324.76% |
| 2003 | -9.16 | 34.53% |
| 2002 | -6.81 | -91.28% |
| 2001 | -78.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Adobe ADBE | 40.0 | -52.16% | 🇺🇸 USA |
 Oracle ORCL | 33.7 | -59.63% | 🇺🇸 USA |
 IBM IBM | 21.7 | -74.00% | 🇺🇸 USA |
 Ansys ANSS | 57.5 | -31.16% | 🇺🇸 USA |
 Autodesk ADSK | 49.1 | -41.23% | 🇺🇸 USA |
 General Electric GE | 19.2 | -77.02% | 🇺🇸 USA |
 Synopsys SNPS | 83.3 | -0.35% | 🇺🇸 USA |
 Trimble TRMB | 41.1 | -50.82% | 🇺🇸 USA |
 AspenTech AZPN | -126 | -251.20% | 🇺🇸 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.