Atlassian
TEAM
#439
Rank
$45.72 B
Marketcap
$175.64
Share price
-0.26%
Change (1 day)
-6.30%
Change (1 year)

P/E ratio for Atlassian (TEAM)

P/E ratio as of July 2024 (TTM): -89.8

According to Atlassian's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -89.8469. At the end of 2022 the company had a P/E ratio of -104.

P/E ratio history for Atlassian from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-104-47.47%
2021-198304.63%
2020-48.8-57.8%
2019-11632.64%
2018-87.2-4.18%
2017-91.0-81.1%
2016-482-186.3%
2015558

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-48.60%๐Ÿ‡บ๐Ÿ‡ธ 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.