P/E ratio for Logitech (LOGI)
P/E ratio as of June 2024 (TTM): 40.9
According to Logitech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.9038. At the end of 2022 the company had a P/E ratio of 23.7.
P/E ratio history for Logitech from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.7 | 30.28% |
| 2021 | 18.2 | 3.74% |
| 2020 | 17.5 | -38.36% |
| 2019 | 28.4 | 37.14% |
| 2018 | 20.7 | -25.49% |
| 2017 | 27.8 | 35.81% |
| 2016 | 20.5 | -10.35% |
| 2015 | 22.8 | 34.31% |
| 2014 | 17.0 | -78.89% |
| 2013 | 80.5 | -1007.82% |
| 2012 | -8.87 | -131.92% |
| 2011 | 27.8 | 27.32% |
| 2010 | 21.8 | -94.9% |
| 2009 | 428 | 3002.42% |
| 2008 | 13.8 | -52.96% |
| 2007 | 29.3 | 27.09% |
| 2006 | 23.1 | -6.3% |
| 2005 | 24.6 | 35% |
| 2004 | 18.2 | 13.62% |
| 2003 | 16.0 | 7.31% |
| 2002 | 15.0 | -40.61% |
| 2001 | 25.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 35.8 | -12.53% | 🇺🇸 USA |
 Cisco CSCO | 14.9 | -63.51% | 🇺🇸 USA |
 Voxx International
VOXX | -2.57 | -106.29% | 🇺🇸 USA |
 Turtle Beach Corp
HEAR | -4.88 | -111.93% | 🇺🇸 USA |
 Synaptics SYNA | 50.9 | 24.52% | 🇺🇸 USA |
 Immersion Corporation
IMMR | 7.65 | -81.30% | 🇺🇸 USA |
 Plantronics POLY | 94.8 | 131.79% | 🇺🇸 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.