According to Adeia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3016. At the end of 2022 the company had a P/E ratio of -3.29.
Year | P/E ratio | Change |
---|---|---|
2022 | -3.29 | -78.75% |
2021 | -15.5 | -352.66% |
2020 | 6.13 | |
2017 | -9.29 | -155.2% |
2016 | 16.8 | 191.98% |
2015 | 5.77 | 19.94% |
2014 | 4.81 | -288.17% |
2013 | -2.55 | -79.61% |
2012 | -12.5 | -36.25% |
2011 | -19.7 |
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.