P/E ratio for Cambium Networks (CMBM)
P/E ratio as of June 2024 (TTM): 3.91
According to Cambium Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.91026. At the end of 2022 the company had a P/E ratio of 28.9.
P/E ratio history for Cambium Networks from 2019 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 28.9 | 60.08% |
| 2021 | 18.0 | -47.46% |
| 2020 | 34.4 | -633.54% |
| 2019 | -6.44 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Qorvo
QRVO | -97.7 | -2,598.65% | 🇺🇸 USA |
 QUALCOMM QCOM | 31.7 | 709.51% | 🇺🇸 USA |
 EchoStar SATS | 13.8 | 253.07% | 🇺🇸 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.