P/E ratio for Atlassian (TEAM)
P/E ratio as of April 2024 (TTM): -98.8
According to Atlassian's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -98.7806. At the end of 2022 the company had a P/E ratio of -104.
P/E ratio history for Atlassian from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -104 | -47.47% |
| 2021 | -198 | 304.63% |
| 2020 | -48.8 | -57.8% |
| 2019 | -116 | 32.64% |
| 2018 | -87.2 | -4.18% |
| 2017 | -91.0 | -81.1% |
| 2016 | -482 | -186.3% |
| 2015 | 558 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | -53.25% | 🇺🇸 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.