P/E ratio for Ceragon Networks (CRNT)
P/E ratio as of April 2024 (TTM): > 1000
According to Ceragon Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.5968E+18. At the end of 2022 the company had a P/E ratio of -21.2.
P/E ratio history for Ceragon Networks from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -21.2 | 45.45% |
| 2021 | -14.6 | 15.47% |
| 2020 | -12.6 | -83.34% |
| 2019 | -75.9 | -702.03% |
| 2018 | 12.6 | 19.86% |
| 2017 | 10.5 | -43.58% |
| 2016 | 18.6 | -69.21% |
| 2015 | 60.5 | -6808.91% |
| 2014 | -0.9018 | -63.26% |
| 2013 | -2.45 | -64.38% |
| 2012 | -6.89 | 33.34% |
| 2011 | -5.17 | -115.68% |
| 2010 | 33.0 | -66.32% |
| 2009 | 97.8 | 1256.11% |
| 2008 | 7.21 | -67.17% |
| 2007 | 22.0 | -180.36% |
| 2006 | -27.4 | 5.46% |
| 2005 | -25.9 | -119.87% |
| 2004 | 130 | -694.8% |
| 2003 | -21.9 | 1088.28% |
| 2002 | -1.85 | 11.51% |
| 2001 | -1.66 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Motorola Solutions
MSI | 33.3 | -100.00% | 🇺🇸 USA |
 CalAmp
CAMP | -5.61 | -100.00% | 🇺🇸 USA |
 Aviat Networks AVNW | 20.8 | -100.00% | 🇺🇸 USA |
 Nokia NOK | 4.46 | -100.00% | 🇫🇮 Finland |
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.