P/E ratio for Casa Systems (CASA)
P/E ratio as of May 2023 (TTM): -1.21
According to Casa Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.21348. 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 |
|---|---|---|
| 2021 | 142 | 566.25% |
| 2020 | 21.3 | -396.51% |
| 2019 | -7.18 | -148.09% |
| 2018 | 14.9 | -55.04% |
| 2017 | 33.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 VIAVI Solutions
VIAV | 55.8 | -4,696.52% | 🇺🇸 USA |
 Vocera Communications VCRA | -335 | 27,497.65% | 🇺🇸 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.