P/E ratio for Brightcove (BCOV)
P/E ratio as of May 2024 (TTM): -2.98
According to Brightcove's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.98361. At the end of 2022 the company had a P/E ratio of -23.8.
P/E ratio history for Brightcove from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -23.8 | -132.57% |
| 2021 | 73.0 | -159.51% |
| 2020 | -123 | 718.72% |
| 2019 | -15.0 | -17% |
| 2018 | -18.1 | 44.92% |
| 2017 | -12.5 | -53.58% |
| 2016 | -26.8 | -0.46% |
| 2015 | -27.0 | 83.64% |
| 2014 | -14.7 | -63.67% |
| 2013 | -40.4 | 177.08% |
| 2012 | -14.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Adobe ADBE | 42.1 | -1,510.97% | 🇺🇸 USA |
 Akamai
AKAM | 34.0 | -1,238.54% | 🇺🇸 USA |
 Equinix EQIX | 74.6 | -2,600.53% | 🇺🇸 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.