AudioCodes
AUDC
#6233
Rank
$0.41 B
Marketcap
$13.04
Share price
0.15%
Change (1 day)
-10.07%
Change (1 year)

P/E ratio for AudioCodes (AUDC)

P/E ratio as of March 2024 (TTM): 32.6

According to AudioCodes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.6. At the end of 2022 the company had a P/E ratio of 19.9.

P/E ratio history for AudioCodes from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.9-41.64%
202134.16.32%
202032.0-83.79%
2019198820.07%
201821.5-64.98%
201761.3373.28%
201613.0-97.77%
2015581-241.69%
2014-410-686.26%
201370.0-339.1%
2012-29.3-227.6%
201122.912.95%
201020.3-156.19%
2009-36.14220.53%
2008-0.8365-98.51%
2007-56.2-202%
200655.163.86%
200533.6-73.9%
2004129-371.61%
2003-47.5580.55%
2002-6.97-58.25%
2001-16.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.2-50.45%๐Ÿ‡บ๐Ÿ‡ธ USA
22.3-31.73%๐Ÿ‡บ๐Ÿ‡ธ USA
32.5-0.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.26-113.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.79-117.75%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.