AXT Inc
AXTI
#6213
Rank
$0.17 B
Marketcap
$3.98
Share price
2.05%
Change (1 day)
-42.32%
Change (1 year)

P/E ratio for AXT Inc (AXTI)

P/E ratio as of April 2023 (TTM): 10.8

According to AXT Inc 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7838. 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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.2 31.67%๐Ÿ‡บ๐Ÿ‡ธ USA
16.0 48.67%๐Ÿ‡บ๐Ÿ‡ธ USA
6.32-41.39%๐Ÿ‡บ๐Ÿ‡ธ USA
9.01-16.44%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.32-158.64%๐Ÿ‡บ๐Ÿ‡ธ USA
24.0 122.96%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.