P/E ratio for ChannelAdvisor (ECOM)
P/E ratio as of April 2024 (TTM): 18.7
According to ChannelAdvisor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6728. At the end of 2021 the company had a P/E ratio of 15.6.
P/E ratio history for ChannelAdvisor from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 15.6 | |
| 2019 | 75.3 | -285.84% |
| 2018 | -40.5 | 183.75% |
| 2017 | -14.3 | -69.14% |
| 2016 | -46.3 | 180.75% |
| 2015 | -16.5 | 6.97% |
| 2014 | -15.4 | -51.22% |
| 2013 | -31.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 23.9 | 28.04% | 🇺🇸 USA |
 Salesforce CRM | 172 | 820.33% | 🇺🇸 USA |
 American Software AMSWA | 32.8 | 75.89% | 🇺🇸 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.