P/E ratio for Ambarella (AMBA)
P/E ratio as of June 2024 (TTM): -19.3
According to Ambarella's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.324. At the end of 2022 the company had a P/E ratio of -49.2.
P/E ratio history for Ambarella from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -49.2 | -79.86% |
| 2021 | -244 | 368.55% |
| 2020 | -52.2 | -4.38% |
| 2019 | -54.6 | 16.98% |
| 2018 | -46.6 | -186.53% |
| 2017 | 53.9 | 36.42% |
| 2016 | 39.5 | 102.02% |
| 2015 | 19.6 | -49.87% |
| 2014 | 39.0 | 0.16% |
| 2013 | 39.0 | -67.36% |
| 2012 | 119 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | -75.5 | 290.58% | 🇺🇸 USA |
 NVIDIA NVDA | 265 | -1,471.29% | 🇺🇸 USA |
 Texas Instruments TXN | 25.0 | -229.37% | 🇺🇸 USA |
 QUALCOMM QCOM | 31.7 | -263.81% | 🇺🇸 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.