Akamai
AKAM
#1149
Rank
$14.23 B
Marketcap
$93.51
Share price
2.25%
Change (1 day)
-7.53%
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 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
202129.3-4.41%
202030.64.54%
201929.3-13.71%
201833.9-34.26%
201751.640.12%
201636.826.7%
201529.1-13.17%
201433.517.12%
201328.6-20.32%
201235.922.29%
201129.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.0-13.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.8-137.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-120-482.75%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.