Akamai
AKAM
#1140
Rank
$15.59 B
Marketcap
$101.79
Share price
-0.39%
Change (1 day)
28.09%
Change (1 year)
Akamai Technologies, Inc. is an American company that provides global content delivery network (CDN), cybersecurity, cloud and web services.

P/E ratio for Akamai (AKAM)

P/E ratio as of April 2024 (TTM): 34.3

According to Akamai 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.2727. At the end of 2022 the company had a P/E ratio of 26.4.

P/E ratio history for Akamai from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.4-9.68%
202129.3-4.41%
202030.64.54%
201929.3-13.71%
201833.9-35.31%
201752.542.38%
201636.826.7%
201529.1-13.17%
201433.517.12%
201328.6-20.32%
201235.922.29%
201129.3-39.5%
201048.562.7%
200929.871.88%
200817.3-68.92%
200755.8-62.18%
20061481610.25%
20058.63-81.46%
200446.5-208.12%
2003-43.04427.91%
2002-0.9505286.94%
2001-0.2457

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.6-19.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.0-129.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-142-515.00%๐Ÿ‡บ๐Ÿ‡ธ 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.