CommScope
COMM
#5548
Rank
A$1.32 B
Marketcap
$6.10
Share price
-0.25%
Change (1 day)
12.22%
Change (1 year)

P/E ratio for CommScope (COMM)

P/E ratio as of September 2024 (TTM): -0.6904

According to CommScope 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.690436. At the end of 2022 the company had a P/E ratio of -1.14.

P/E ratio history for CommScope from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.14-73.72%
2021-4.333.71%
2020-4.1747.68%
2019-2.83-112.59%
201822.5-40.06%
201737.516.8%
201632.1-144.59%
2015-71.9-496.91%
201418.1-90%
2013181

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.0-2,418.88%๐Ÿ‡บ๐Ÿ‡ธ USA
58.7-8,606.49%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.3 1,532.00%๐Ÿ‡ธ๐Ÿ‡ช Sweden
4.26-717.20%๐Ÿ‡บ๐Ÿ‡ธ USA
23.7-3,535.92%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
18.6-2,793.86%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.