According to SMART Global Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -36.7593. At the end of 2022 the company had a P/E ratio of 14.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.3 | -67.55% |
2021 | 44.1 | -100.59% |
2020 | < -1000 | -17754.56% |
2019 | 42.6 | 735.36% |
2018 | 5.10 | -85.66% |
2017 | 35.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Power Integrations
POWI | 49.2 | -233.71% | ๐บ๐ธ USA |
Photronics PLAB | 14.8 | -140.33% | ๐บ๐ธ USA |
PDF Solutions PDFS | 141 | -482.67% | ๐บ๐ธ USA |
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.