P/E ratio for Calix (CALX)
P/E ratio as of June 2024 (TTM): 48.2
According to Calix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.1918. At the end of 2022 the company had a P/E ratio of 107.
P/E ratio history for Calix from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 107 | 401.38% |
| 2021 | 21.3 | -61.3% |
| 2020 | 55.1 | -320.44% |
| 2019 | -25.0 | -7.69% |
| 2018 | -27.1 | 651.05% |
| 2017 | -3.61 | -73.77% |
| 2016 | -13.8 | -10.9% |
| 2015 | -15.4 | -39.94% |
| 2014 | -25.7 | -6.72% |
| 2013 | -27.5 | 114.9% |
| 2012 | -12.8 | 131.77% |
| 2011 | -5.53 | -19.83% |
| 2010 | -6.90 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 F5 Networks FFIV | 25.3 | -47.40% | 🇺🇸 USA |
 Juniper Networks
JNPR | 30.8 | -36.06% | 🇺🇸 USA |
 Ericsson ERIC | -9.40 | -119.51% | 🇸🇪 Sweden |
 ADTRAN ADTN | -5.93 | -112.30% | 🇺🇸 USA |
 Ciena CIEN | 32.1 | -33.36% | 🇺🇸 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.