P/E ratio for SPS Commerce (SPSC)
P/E ratio as of June 2024 (TTM): 110
According to SPS Commerce 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 109.564. At the end of 2022 the company had a P/E ratio of 83.9.
P/E ratio history for SPS Commerce from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 83.9 | -26.88% |
| 2021 | 115 | 36.38% |
| 2020 | 84.2 | 46.58% |
| 2019 | 57.4 | -3.1% |
| 2018 | 59.3 | -114.64% |
| 2017 | -405 | -296.98% |
| 2016 | 206 | -15.09% |
| 2015 | 242 | -31.6% |
| 2014 | 354 | -62.06% |
| 2013 | 933 | 100.24% |
| 2012 | 466 | 1946.62% |
| 2011 | 22.8 | 327.89% |
| 2010 | 5.32 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 21.7 | -80.16% | 🇺🇸 USA |
 Park City Group
PCYG | 39.2 | -64.22% | 🇺🇸 USA |
 FICO FICO | 78.0 | -28.81% | 🇺🇸 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.