P/E ratio for Digi International (DGII)
P/E ratio as of June 2023 (TTM): 48.6
According to Digi International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.5921. At the end of 2021 the company had a P/E ratio of 72.3.
P/E ratio history for Digi International from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 72.3 | 3.24% |
| 2020 | 70.0 | -20.99% |
| 2019 | 88.6 | 242.46% |
| 2018 | 25.9 | -75.62% |
| 2017 | 106 | 278.14% |
| 2016 | 28.1 | 30.69% |
| 2015 | 21.5 | -91.68% |
| 2014 | 258 | 347.08% |
| 2013 | 57.7 | 95.02% |
| 2012 | 29.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | 15.7 | -67.66% | 🇺🇸 USA |
 HP HPQ | 11.7 | -75.86% | 🇺🇸 USA |
 QUALCOMM QCOM | 12.3 | -74.66% | 🇺🇸 USA |
 Verizon VZ | 6.75 | -86.11% | 🇺🇸 USA |
 Supermicro SMCI | 20.9 | -56.89% | 🇺🇸 USA |
 Silicon Labs
SLAB | 56.5 | 16.38% | 🇺🇸 USA |
 Ericsson ERIC | 10.4 | -78.57% | 🇸🇪 Sweden |
 Avnet AVT | 4.84 | -90.05% | 🇺🇸 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.