P/E ratio for ADTRAN (ADTN)

P/E ratio history for ADTRAN from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Cisco CSCO	15.5	-326.48%	🇺🇸 USA
Juniper Networks JNPR	32.7	-578.07%	🇺🇸 USA
Ciena CIEN	33.8	-594.20%	🇺🇸 USA
Calix CALX	49.5	-824.14%	🇺🇸 USA
Extreme Networks EXTR	18.9	-376.86%	🇺🇸 USA
AudioCodes AUDC	27.1	-496.54%	🇮🇱 Israel
Ericsson ERIC	-10.4	51.46%	🇸🇪 Sweden

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.