P/E ratio for Comcast (CMCSA)
P/E ratio as of April 2024 (TTM): 10.4
According to Comcast's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4194. 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 |
|---|---|---|
| 2022 | 28.7 | 76.73% |
| 2021 | 16.3 | -28.67% |
| 2020 | 22.8 | 45.78% |
| 2019 | 15.6 | 17.61% |
| 2018 | 13.3 | 61.28% |
| 2017 | 8.25 | -57.49% |
| 2016 | 19.4 | 15.41% |
| 2015 | 16.8 | -1.91% |
| 2014 | 17.1 | -11.74% |
| 2013 | 19.4 | 26.84% |
| 2012 | 15.3 | 0.65% |
| 2011 | 15.2 | -3.8% |
| 2010 | 15.8 | 19.76% |
| 2009 | 13.2 | -32.73% |
| 2008 | 19.6 | -9.71% |
| 2007 | 21.7 | -37.61% |
| 2006 | 34.8 | -63.71% |
| 2005 | 96.0 | 40.5% |
| 2004 | 68.3 | 200.09% |
| 2003 | 22.8 | -116.12% |
| 2002 | -141 | -354.67% |
| 2001 | 55.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 26.3 | 152.40% | 🇺🇸 USA |
 Walt Disney DIS | 90.9 | 772.83% | 🇺🇸 USA |
 Dish Network
DISH | 1.73 | -83.42% | 🇺🇸 USA |
 Rogers Communication RCI | 21.1 | 102.07% | 🇨🇦 Canada |
 Shaw Communications
SJR | 25.4 | 144.18% | 🇨🇦 Canada |
 Televisa TV | -0.2429 | -102.33% | 🇲🇽 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.