P/E ratio for Bandwidth (BAND)
P/E ratio as of April 2024 (TTM): 14.1
According to Bandwidth's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0859. At the end of 2022 the company had a P/E ratio of 29.8.
P/E ratio history for Bandwidth from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.8 | -145.69% |
| 2021 | -65.2 | -23.16% |
| 2020 | -84.9 | -117.23% |
| 2019 | 493 | 1096.97% |
| 2018 | 41.2 | -36.52% |
| 2017 | 64.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Spok Holdings
SPOK | 8.57 | -39.14% | 🇺🇸 USA |
 Shentel SHEN | < -1000 | -9,591.76% | 🇺🇸 USA |
 SK Telecom SKM | 10.2 | -27.43% | 🇰🇷 S. Korea |
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.