AXT Inc
AXTI
#5986
Rank
$0.22 B
Marketcap
$5.19
Share price
-2.44%
Change (1 day)
-33.97%
Change (1 year)

P/E ratio for AXT Inc (AXTI)

P/E ratio as of October 2022 (TTM): 14.5

According to AXT Inc 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5. At the end of 2021 the company had a P/E ratio of 25.2.

P/E ratio history for AXT Inc from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202125.2-81.59%
2020137-288.57%
2019-72.5-500%
201818.1-45.83%
201733.519.42%
201628.0-177.71%
2015-36.1-48.49%
2014-70.0557.09%
2013-10.7-137.91%
201228.1

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.