P/E ratio for NICE (NICE)
P/E ratio as of June 2024 (TTM): 38.9
According to NICE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.85. At the end of 2022 the company had a P/E ratio of 46.1.
P/E ratio history for NICE from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.1 | -52% |
| 2021 | 96.1 | 6.06% |
| 2020 | 90.6 | 74.58% |
| 2019 | 51.9 | 24.68% |
| 2018 | 41.6 | 6.87% |
| 2017 | 38.9 | 11.58% |
| 2016 | 34.9 | 164.27% |
| 2015 | 13.2 | -54.63% |
| 2014 | 29.1 | -35.33% |
| 2013 | 45.0 | 50.57% |
| 2012 | 29.9 | -21.04% |
| 2011 | 37.9 | -15.39% |
| 2010 | 44.7 | 0.9% |
| 2009 | 44.3 | 28.27% |
| 2008 | 34.6 | -30.5% |
| 2007 | 49.7 | -25.67% |
| 2006 | 66.9 | 207.06% |
| 2005 | 21.8 | -3.19% |
| 2004 | 22.5 | -60.93% |
| 2003 | 57.6 | -1860.53% |
| 2002 | -3.27 | -27.81% |
| 2001 | -4.53 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 21.7 | -44.05% | 🇺🇸 USA |
 Verint Systems
VRNT | -295 | -858.30% | 🇺🇸 USA |
 Pegasystems PEGA | -119 | -406.68% | 🇺🇸 USA |
 LivePerson LPSN | -0.5652 | -101.45% | 🇺🇸 USA |
 ACI Worldwide
ACIW | 43.6 | 12.29% | 🇺🇸 USA |
 FICO FICO | 78.0 | 100.78% | 🇺🇸 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.