P/E ratio for Aehr Test Systems (AEHR)
P/E ratio as of April 2024 (TTM): 16.4
According to Aehr Test Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3939. At the end of 2022 the company had a P/E ratio of 44.7.
P/E ratio history for Aehr Test Systems from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.7 | -90.76% |
| 2021 | 484 | -3834.94% |
| 2020 | -12.9 | -6.04% |
| 2019 | -13.8 | -21.81% |
| 2018 | -17.6 | 21.46% |
| 2017 | -14.5 | 267.28% |
| 2016 | -3.95 | -26.45% |
| 2015 | -5.37 | -53.66% |
| 2014 | -11.6 | -6.22% |
| 2013 | -12.4 | 423.48% |
| 2012 | -2.36 | 22.6% |
| 2011 | -1.93 | -71.11% |
| 2010 | -6.67 | 1864.65% |
| 2009 | -0.3393 | -120.69% |
| 2008 | 1.64 | -88.98% |
| 2007 | 14.9 | -16.68% |
| 2006 | 17.9 | -279.01% |
| 2005 | -9.98 | 37.35% |
| 2004 | -7.26 | 10.12% |
| 2003 | -6.60 | 126.28% |
| 2002 | -2.91 | -95.88% |
| 2001 | -70.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Teradyne TER | 30.7 | 87.49% | 🇺🇸 USA |
 FormFactor FORM | -468 | -2,952.69% | 🇺🇸 USA |
 Cohu COHU | 19.1 | 16.57% | 🇺🇸 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.