According to CommScope 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.567953. At the end of 2022 the company had a P/E ratio of -1.14.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.14 | -73.72% |
2021 | -4.33 | 3.71% |
2020 | -4.17 | 47.68% |
2019 | -2.83 | -112.59% |
2018 | 22.5 | -40.06% |
2017 | 37.5 | 16.8% |
2016 | 32.1 | -144.59% |
2015 | -71.9 | -496.91% |
2014 | 18.1 | -90% |
2013 | 181 |
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.