Citrix Systems
CTXS
#1341
Rank
$13.18 B
Marketcap
$103.90
Share price
0.00%
Change (1 day)
22.61%
Change (1 year)
Citrix Systems is an American software company its product portfolio includes virtual desktop infrastructure, SSL, VPN, software-defined WAN, firewalls and monitoring solutions.

P/E ratio for Citrix Systems (CTXS)

P/E ratio as of May 2024 (TTM): 39.4

According to Citrix Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.4442. At the end of 2021 the company had a P/E ratio of 38.1.

P/E ratio history for Citrix Systems from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202138.1
201921.2-11.66%
201824.0-105.09%
2017-473-2389.38%
201620.6-30.28%
201529.6-12.07%
201433.722.37%
201327.5-0.84%
201227.79.43%
201125.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.0-6.15%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-61.49%๐Ÿ‡บ๐Ÿ‡ธ USA
43.2 9.56%๐Ÿ‡บ๐Ÿ‡ธ USA
35.9-8.94%๐Ÿ‡บ๐Ÿ‡ธ USA
22.8-42.29%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0-64.55%๐Ÿ‡บ๐Ÿ‡ธ USA
42.7 8.15%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.