Chegg
CHGG
#4880
Rank
$1.02 B
Marketcap
$8.92
Share price
-0.22%
Change (1 day)
-59.73%
Change (1 year)

P/E ratio for Chegg (CHGG)

P/E ratio as of September 2023 (TTM): 4.01

According to Chegg 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.00897. At the end of 2021 the company had a P/E ratio of -768.

P/E ratio history for Chegg from 2013 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-768-57.52%
2020< -1000328.89%
2019-42177.86%
2018-237204.75%
2017-77.7394.93%
2016-15.763.32%
2015-9.618.53%
2014-8.86215.99%
2013-2.80

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
98.4 2,355.04%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.