P/E ratio for Commvault (CVLT)
P/E ratio as of April 2024 (TTM): -243
According to Commvault's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -242.725. At the end of 2022 the company had a P/E ratio of 180.
P/E ratio history for Commvault from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 180 | 79.75% |
| 2021 | 99.9 | -210.04% |
| 2020 | -90.8 | -24.76% |
| 2019 | -121 | -116.33% |
| 2018 | 739 | -1872.7% |
| 2017 | -41.7 | -105.6% |
| 2016 | 744 | -194.56% |
| 2015 | -787 | -1348.48% |
| 2014 | 63.0 | 17.89% |
| 2013 | 53.5 | -20.94% |
| 2012 | 67.6 | -1.85% |
| 2011 | 68.9 | 25.19% |
| 2010 | 55.0 | -30.33% |
| 2009 | 79.0 | 147.43% |
| 2008 | 31.9 | 266.32% |
| 2007 | 8.72 | -309.77% |
| 2006 | -4.16 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 35.9 | -114.81% | 🇺🇸 USA |
 IBM IBM | 22.2 | -109.13% | 🇺🇸 USA |
 HP HPQ | 12.0 | -104.96% | 🇺🇸 USA |
 NetApp
NTAP | 18.0 | -107.41% | 🇺🇸 USA |
 UP Fintech (Tiger Brokers) TIGR | 19.8 | -108.16% | 🇨🇳 China |
 VNET Group VNET | -2.76 | -98.86% | 🇨🇳 China |
 Vmware VMW | 42.7 | -117.57% | 🇺🇸 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.