P/E ratio for NETGEAR (NTGR)
P/E ratio as of May 2024 (TTM): -3.40
According to NETGEAR's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.4027. At the end of 2022 the company had a P/E ratio of -7.67.
P/E ratio history for NETGEAR from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.67 | -142.56% |
| 2021 | 18.0 | -14.35% |
| 2020 | 21.1 | -27.85% |
| 2019 | 29.2 | -108.14% |
| 2018 | -359 | -670.73% |
| 2017 | 62.8 | 330.52% |
| 2016 | 14.6 | -16.35% |
| 2015 | 17.4 | -84.19% |
| 2014 | 110 | 672.3% |
| 2013 | 14.3 | 33.2% |
| 2012 | 10.7 | 26.73% |
| 2011 | 8.47 | -41.65% |
| 2010 | 14.5 | -70.89% |
| 2009 | 49.8 | 259.07% |
| 2008 | 13.9 | -16.58% |
| 2007 | 16.6 | 26.69% |
| 2006 | 13.1 | 14.37% |
| 2005 | 11.5 | -21.52% |
| 2004 | 14.6 | -7.08% |
| 2003 | 15.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 29.6 | -969.10% | 🇺🇸 USA |
 Cisco CSCO | 15.3 | -548.24% | 🇺🇸 USA |
 Fortinet FTNT | 42.4 | -1,346.31% | 🇺🇸 USA |
 HP HPQ | 13.6 | -499.97% | 🇺🇸 USA |
 Western Digital WDC | -9.54 | 180.26% | 🇺🇸 USA |
 Motorola Solutions
MSI | 36.2 | -1,164.66% | 🇺🇸 USA |
 ADTRAN ADTN | -5.61 | 64.76% | 🇺🇸 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.