P/E ratio for Zoom Telephonics (MINM)
P/E ratio as of May 2024 (TTM): -0.4137
According to Zoom Telephonics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.413714. At the end of 2021 the company had a P/E ratio of -13.9.
P/E ratio history for Zoom Telephonics from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -13.9 | -38.61% |
| 2020 | -22.6 | 245.13% |
| 2019 | -6.56 | -96.92% |
| 2018 | -213 | 770.34% |
| 2017 | -24.4 | 118.44% |
| 2016 | -11.2 | -70.88% |
| 2015 | -38.4 | -394.9% |
| 2014 | 13.0 | -1690.91% |
| 2013 | -0.8191 | -56.79% |
| 2012 | -1.90 | 9.09% |
| 2011 | -1.74 | -161.9% |
| 2010 | 2.81 | -770.44% |
| 2009 | -0.4187 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ribbon Communications RBBN | -10.2 | 2,370.02% | 🇺🇸 USA |
 NETGEAR NTGR | -3.53 | 753.18% | 🇺🇸 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.