Axon Enterprise
AXON
#1465
Rank
$8.98 B
Marketcap
$126.44
Share price
2.55%
Change (1 day)
-23.84%
Change (1 year)

P/E ratio for Axon Enterprise (AXON)

P/E ratio as of October 2022 (TTM): 62.3

According to Axon Enterprise 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 62.2857. At the end of 2021 the company had a P/E ratio of -169.

P/E ratio history for Axon Enterprise from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-169-94.49%
2020< -1000-141.8%
2019> 10008777.35%
201882.5-68.85%
2017265249.83%
201675.866.48%
201545.5-36.42%
201471.671.26%
201341.8

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.