P/E ratio for Akamai (AKAM)
P/E ratio as of June 2023 (TTM): 31.3
According to Akamai 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2793. At the end of 2021 the company had a P/E ratio of 29.3.
P/E ratio history for Akamai from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 29.3 | -4.41% |
| 2020 | 30.6 | 4.54% |
| 2019 | 29.3 | -13.71% |
| 2018 | 33.9 | -34.26% |
| 2017 | 51.6 | 40.12% |
| 2016 | 36.8 | 26.7% |
| 2015 | 29.1 | -13.17% |
| 2014 | 33.5 | 17.12% |
| 2013 | 28.6 | -20.32% |
| 2012 | 35.9 | 22.29% |
| 2011 | 29.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 F5 Networks FFIV | 27.0 | -13.59% | 🇺🇸 USA |
 Fastly
FSLY | -11.8 | -137.57% | 🇺🇸 USA |
 Cloudflare NET | -120 | -482.75% | 🇺🇸 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.