P/E ratio for CommScope (COMM)
P/E ratio as of March 2023 (TTM): -0.9311
According to CommScope 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.931115. At the end of 2021 the company had a P/E ratio of -4.33.
P/E ratio history for CommScope from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Corning GLW | 15.1 | -1,717.87% | 🇺🇸 USA |
 Emerson EMR | 10.1 | -1,188.16% | 🇺🇸 USA |
 Amphenol APH | 25.3 | -2,812.40% | 🇺🇸 USA |
 TE Connectivity
TEL | 17.7 | -2,003.99% | 🇨🇭 Switzerland |
 Ericsson ERIC | 10.0 | -1,175.99% | 🇸🇪 Sweden |
 Belden BDC | 25.6 | -2,845.05% | 🇺🇸 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.