P/E ratio for CyberOptics (CYBE)
P/E ratio as of April 2024 (TTM): 24.5
According to CyberOptics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5455. At the end of 2021 the company had a P/E ratio of 26.6.
P/E ratio history for CyberOptics from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 26.6 | -6.31% |
| 2020 | 28.4 | -83.03% |
| 2019 | 167 | 288.58% |
| 2018 | 43.0 | -45.53% |
| 2017 | 78.9 | 408.17% |
| 2016 | 15.5 | -163.95% |
| 2015 | -24.3 | -41.86% |
| 2014 | -41.8 | 488.49% |
| 2013 | -7.10 | -8.14% |
| 2012 | -7.73 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Applied Materials AMAT | 26.7 | 8.74% | 🇺🇸 USA |
 KLA KLAC | 31.5 | 28.34% | 🇺🇸 USA |
 Lam Research LRCX | 31.4 | 27.75% | 🇺🇸 USA |
 Kulicke and Soffa Industries KLIC | 27.3 | 11.37% | 🇸🇬 Singapore |
 Cognex CGNX | 44.6 | 81.81% | 🇺🇸 USA |
 Brooks Automation
BRKS | N/A | N/A | 🇺🇸 USA |
 Camtek CAMT | 46.4 | 89.11% | 🇮🇱 Israel |
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.