P/E ratio for Applied Optoelectronics (AAOI)
P/E ratio as of June 2024 (TTM): -4.68
According to Applied Optoelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.68132. At the end of 2023 the company had a P/E ratio of -10.9.
P/E ratio history for Applied Optoelectronics from 2013 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -10.9 | 1261.05% |
| 2022 | -0.7975 | -68.66% |
| 2021 | -2.54 | |
| 2019 | -3.60 | -97.67% |
| 2018 | -154 | -1678.9% |
| 2017 | 9.77 | -24.95% |
| 2016 | 13.0 | -47.64% |
| 2015 | 24.9 | -33.5% |
| 2014 | 37.4 | -133.25% |
| 2013 | -112 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 15.4 | -428.03% | 🇺🇸 USA |
 EMCORE Corporation
EMKR | -0.9380 | -79.96% | 🇺🇸 USA |
 MaxLinear MXL | < -1000 | 21,293.54% | 🇺🇸 USA |
 NeoPhotonics NPTN | N/A | N/A | 🇺🇸 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.