P/E ratio for Etsy (ETSY)
P/E ratio as of May 2024 (TTM): 23.8
According to Etsy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.8253. At the end of 2022 the company had a P/E ratio of -21.8.
P/E ratio history for Etsy from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -21.8 | -138.76% |
| 2021 | 56.3 | -9.84% |
| 2020 | 62.4 | 11.32% |
| 2019 | 56.1 | -23.38% |
| 2018 | 73.2 | 145.63% |
| 2017 | 29.8 | -165.76% |
| 2016 | -45.3 | 174.1% |
| 2015 | -16.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Amazon AMZN | 93.7 | 293.23% | 🇺🇸 USA |
 eBay EBAY | 21.2 | -11.17% | 🇺🇸 USA |
 Equifax EFX | 58.8 | 146.84% | 🇺🇸 USA |
 Information Services Group III | 9.55 | -59.94% | 🇺🇸 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.