P/E ratio for EchoStar (SATS)
P/E ratio as of June 2024 (TTM): 13.8
According to EchoStar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.806. At the end of 2022 the company had a P/E ratio of 7.98.
P/E ratio history for EchoStar from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.98 | -75.77% |
| 2021 | 32.9 | -165.28% |
| 2020 | -50.5 | -24.28% |
| 2019 | -66.6 | -5.95% |
| 2018 | -70.8 | -702.8% |
| 2017 | 11.8 | -45.25% |
| 2016 | 21.5 | 19.88% |
| 2015 | 17.9 | -23.82% |
| 2014 | 23.5 | -98.25% |
| 2013 | > 1000 | 11668.91% |
| 2012 | 11.4 | -116.48% |
| 2011 | -69.2 | -921.07% |
| 2010 | 8.43 | 121.1% |
| 2009 | 3.81 | -434.8% |
| 2008 | -1.14 | -95.95% |
| 2007 | -28.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dish Network
DISH | 1.73 | -87.49% | 🇺🇸 USA |
 ViaSat VSAT | 1.20 | -91.31% | 🇺🇸 USA |
 Gilat Satellite Networks GILT | 55.1 | 298.74% | 🇮🇱 Israel |
 Globalstar
GSAT | -137 | -1,094.39% | 🇺🇸 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.