Casa Systems
CASA
#5909
Rank
$0.29 B
Marketcap
$3.09
Share price
-3.44%
Change (1 day)
-30.25%
Change (1 year)

P/E ratio for Casa Systems (CASA)

P/E ratio as of January 2023 (TTM): -3.56

According to Casa Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.55682. At the end of 2021 the company had a P/E ratio of 142.

P/E ratio history for Casa Systems from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021142566.25%
202021.3-396.51%
2019-7.18-148.09%
201814.9-55.04%
201733.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.3-811.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-335 9,315.49%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.