P/E ratio for VeriSign (VRSN)
P/E ratio as of June 2024 (TTM): 24.2
According to VeriSign's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.1567. At the end of 2022 the company had a P/E ratio of 32.9.
P/E ratio history for VeriSign from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.9 | -9.09% |
| 2021 | 36.2 | 17.96% |
| 2020 | 30.7 | -17.76% |
| 2019 | 37.3 | 29.43% |
| 2018 | 28.8 | 14.73% |
| 2017 | 25.1 | 35.92% |
| 2016 | 18.5 | -30.47% |
| 2015 | 26.6 | 29.97% |
| 2014 | 20.4 | 31.58% |
| 2013 | 15.5 | -18.4% |
| 2012 | 19.0 | -53.12% |
| 2011 | 40.6 | 497.62% |
| 2010 | 6.79 | -64.13% |
| 2009 | 18.9 | -291.56% |
| 2008 | -9.89 | -83.18% |
| 2007 | -58.8 | -478.74% |
| 2006 | 15.5 | 15.49% |
| 2005 | 13.4 | -75.61% |
| 2004 | 55.1 | -505.51% |
| 2003 | -13.6 | 3449.96% |
| 2002 | -0.3826 | -34.01% |
| 2001 | -0.5799 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AT&T T | -11.5 | -147.67% | 🇺🇸 USA |
 IBM IBM | 21.7 | -10.02% | 🇺🇸 USA |
 Akamai
AKAM | 30.4 | 25.75% | 🇺🇸 USA |
 Verizon VZ | 8.13 | -66.34% | 🇺🇸 USA |
 Tucows TCX | -3.44 | -114.24% | 🇨🇦 Canada |
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.