Comcast
CMCSA
#74
Rank
$166.46 B
Marketcap
$41.91
Share price
0.14%
Change (1 day)
10.26%
Change (1 year)

P/E ratio for Comcast (CMCSA)

P/E ratio as of February 2024 (TTM): 11.5

According to Comcast's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5309. At the end of 2022 the company had a P/E ratio of 28.7.

P/E ratio history for Comcast from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.776.73%
202116.3-28.67%
202022.845.78%
201915.617.61%
201813.361.28%
20178.25-57.49%
201619.415.41%
201516.8-1.91%
201417.1-11.74%
201319.426.84%
201215.30.65%
201115.2-3.8%
201015.819.76%
200913.2-32.73%
200819.6-9.71%
200721.7-37.61%
200634.8-63.71%
200596.040.5%
200468.3200.09%
200322.8-116.12%
2002-141-354.67%
200155.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.5 147.51%๐Ÿ‡บ๐Ÿ‡ธ USA
86.8 652.82%๐Ÿ‡บ๐Ÿ‡ธ USA
1.73-85.02%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4 119.99%๐Ÿ‡จ๐Ÿ‡ฆ Canada
25.4 120.65%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-0.2609-102.26%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico

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.