P/E ratio for Shutterstock (SSTK)
P/E ratio as of June 2024 (TTM): 12.4
According to Shutterstock's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4212. At the end of 2022 the company had a P/E ratio of 25.0.
P/E ratio history for Shutterstock from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.0 | -43.21% |
| 2021 | 44.0 | 22.73% |
| 2020 | 35.8 | -53.18% |
| 2019 | 76.6 | 233.84% |
| 2018 | 22.9 | -74.41% |
| 2017 | 89.6 | 75.44% |
| 2016 | 51.1 | -14.68% |
| 2015 | 59.9 | -45.4% |
| 2014 | 110 | 0.99% |
| 2013 | 109 | 544.1% |
| 2012 | 16.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Discovery DISCA | N/A | N/A | 🇺🇸 USA |
 Thomson Reuters
TRI | 34.1 | 174.51% | 🇨🇦 Canada |
 Imax Corp IMAX | 35.4 | 184.86% | 🇨🇦 Canada |
 Dolby DLB | 34.6 | 178.75% | 🇺🇸 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.