P/E ratio for Comtech Telecommunications (CMTL)
P/E ratio as of September 2023 (TTM): -6.64
According to Comtech Telecommunications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.64062. At the end of 2021 the company had a P/E ratio of 474.
P/E ratio history for Comtech Telecommunications from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 18.4 | -376.36% | 🇺🇸 USA |
 ViaSat VSAT | 1.65 | -124.78% | 🇺🇸 USA |
 KVH Industries
KVHI | 3.25 | -148.91% | 🇺🇸 USA |
 Gilat Satellite Networks GILT | 65.2 | -1,081.84% | 🇮🇱 Israel |
 CalAmp
CAMP | -0.6269 | -90.56% | 🇺🇸 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.