Comcast
CMCSA
#65
Rank
$163.41 B
Marketcap
$39.20
Share price
0.10%
Change (1 day)
-11.47%
Change (1 year)

P/E ratio for Comcast (CMCSA)

P/E ratio as of May 2023 (TTM): 32.1

According to Comcast's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0861. At the end of 2021 the company had a P/E ratio of 16.3.

P/E ratio history for Comcast from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
201215.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.2-5.93%๐Ÿ‡บ๐Ÿ‡ธ USA
48.1 49.84%๐Ÿ‡บ๐Ÿ‡ธ USA
2.11-93.43%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1-37.33%๐Ÿ‡จ๐Ÿ‡ฆ Canada
25.4-20.71%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-0.0305-100.10%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.