P/E ratio for Comtech Telecommunications (CMTL)
P/E ratio as of April 2024 (TTM): -1.60
According to Comtech Telecommunications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.59766. At the end of 2022 the company had a P/E ratio of -7.27.
P/E ratio history for Comtech Telecommunications from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.27 | -101.53% |
| 2021 | 474 | -7794.38% |
| 2020 | -6.16 | -119.95% |
| 2019 | 30.9 | 83.85% |
| 2018 | 16.8 | -46.12% |
| 2017 | 31.2 | -286.67% |
| 2016 | -16.7 | -200.52% |
| 2015 | 16.6 | -16.77% |
| 2014 | 19.9 | -40.49% |
| 2013 | 33.5 | 95.47% |
| 2012 | 17.1 | 28.82% |
| 2011 | 13.3 | 30.91% |
| 2010 | 10.2 | -61.98% |
| 2009 | 26.7 | 102.57% |
| 2008 | 13.2 | -27.88% |
| 2007 | 18.3 | -5.74% |
| 2006 | 19.4 | 19.11% |
| 2005 | 16.3 | -29.76% |
| 2004 | 23.2 | -3.77% |
| 2003 | 24.1 | -68.7% |
| 2002 | 77.1 | 372.37% |
| 2001 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 23.6 | -1,576.63% | 🇺🇸 USA |
 ViaSat VSAT | 1.16 | -172.84% | 🇺🇸 USA |
 KVH Industries
KVHI | 2.86 | -278.79% | 🇺🇸 USA |
 Gilat Satellite Networks GILT | 51.3 | -3,307.82% | 🇮🇱 Israel |
 CalAmp
CAMP | -5.78 | 261.82% | 🇺🇸 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.