CommScope
COMM
#6566
Rank
$0.40 B
Marketcap
$1.92
Share price
6.67%
Change (1 day)
-58.44%
Change (1 year)

P/E ratio for CommScope (COMM)

P/E ratio as of July 2024 (TTM): -0.3188

According to CommScope 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.318792. At the end of 2022 the company had a P/E ratio of -1.14.

P/E ratio history for CommScope from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.14-73.72%
2021-4.333.71%
2020-4.1747.68%
2019-2.83-112.59%
201822.5-40.06%
201737.516.8%
201632.1-144.59%
2015-71.9-496.91%
201418.1-90%
2013181

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.8-4,731.95%๐Ÿ‡บ๐Ÿ‡ธ USA
61.9-19,512.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.4 3,149.92%๐Ÿ‡ธ๐Ÿ‡ช Sweden
5.09-1,697.31%๐Ÿ‡บ๐Ÿ‡ธ USA
25.8-8,205.85%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
20.0-6,360.04%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.