P/E ratio for Digi International (DGII)
P/E ratio as of June 2024 (TTM): 29.8
According to Digi International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.8193. At the end of 2022 the company had a P/E ratio of 53.7.
P/E ratio history for Digi International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 53.7 | -25.62% |
| 2021 | 72.3 | 3.24% |
| 2020 | 70.0 | -20.99% |
| 2019 | 88.6 | 242.46% |
| 2018 | 25.9 | -75.62% |
| 2017 | 106 | 278.14% |
| 2016 | 28.1 | 30.69% |
| 2015 | 21.5 | -91.68% |
| 2014 | 258 | 347.08% |
| 2013 | 57.7 | 95.02% |
| 2012 | 29.6 | 0.77% |
| 2011 | 29.4 | 5.83% |
| 2010 | 27.8 | -48.27% |
| 2009 | 53.6 | 151.37% |
| 2008 | 21.3 | 15.81% |
| 2007 | 18.4 | -29.17% |
| 2006 | 26.0 | 86.03% |
| 2005 | 14.0 | -62.57% |
| 2004 | 37.4 | 20.67% |
| 2003 | 31.0 | -2824.31% |
| 2002 | -1.14 | -97.68% |
| 2001 | -49.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | -75.5 | -353.11% | 🇺🇸 USA |
 HP HPQ | 16.4 | -44.98% | 🇺🇸 USA |
 QUALCOMM QCOM | 31.7 | 6.15% | 🇺🇸 USA |
 Verizon VZ | 8.13 | -72.73% | 🇺🇸 USA |
 Supermicro SMCI | 71.7 | 140.39% | 🇺🇸 USA |
 Silicon Labs
SLAB | 64.9 | 117.63% | 🇺🇸 USA |
 Ericsson ERIC | -9.40 | -131.54% | 🇸🇪 Sweden |
 Avnet AVT | 6.27 | -78.99% | 🇺🇸 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.