P/E ratio for Asure Software (ASUR)
P/E ratio as of May 2024 (TTM): -17.3
According to Asure Software 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.3488. At the end of 2022 the company had a P/E ratio of -13.2.
P/E ratio history for Asure Software from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -13.2 | -130.24% |
| 2021 | 43.5 | -731.06% |
| 2020 | -6.89 | -261.8% |
| 2019 | 4.26 | -145.29% |
| 2018 | -9.41 | -64.69% |
| 2017 | -26.6 | -49.91% |
| 2016 | -53.2 | 218.42% |
| 2015 | -16.7 | -88.88% |
| 2014 | -150 | 703.04% |
| 2013 | -18.7 | 87.96% |
| 2012 | -9.95 | -69.54% |
| 2011 | -32.7 | 312.51% |
| 2010 | -7.92 | 746.5% |
| 2009 | -0.9355 | 174.41% |
| 2008 | -0.3409 | -115.25% |
| 2007 | 2.24 | -97.17% |
| 2006 | 79.0 | -1072.31% |
| 2005 | -8.13 | 170.83% |
| 2004 | -3.00 | -123.08% |
| 2003 | 13.0 | -177.84% |
| 2002 | -16.7 | 230.12% |
| 2001 | -5.06 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Pfizer PFE | 15.1 | -186.80% | 🇺🇸 USA |
 Iron Mountain IRM | 83.1 | -578.76% | 🇺🇸 USA |
 Merck MRK | 71.4 | -511.53% | 🇺🇸 USA |
 Salesforce CRM | 172 | -1,090.53% | 🇺🇸 USA |
 Workday WDAY | -514 | 2,861.42% | 🇺🇸 USA |
 Verint Systems
VRNT | -309 | 1,679.37% | 🇺🇸 USA |
 Paylocity PCTY | 62.9 | -462.74% | 🇺🇸 USA |
 Steelcase SCS | 28.0 | -261.27% | 🇺🇸 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.