P/E ratio for Dolby (DLB)
P/E ratio as of April 2024 (TTM): 34.2
According to Dolby's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.1878. At the end of 2022 the company had a P/E ratio of 37.5.
P/E ratio history for Dolby from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.5 | -0.7% |
| 2021 | 37.8 | 22.93% |
| 2020 | 30.7 | -8.86% |
| 2019 | 33.7 | 59.25% |
| 2018 | 21.2 | -77.46% |
| 2017 | 93.9 | 330.3% |
| 2016 | 21.8 | 8.34% |
| 2015 | 20.1 | -7.48% |
| 2014 | 21.8 | 1.66% |
| 2013 | 21.4 | 66.53% |
| 2012 | 12.9 | 12.58% |
| 2011 | 11.4 | -54.43% |
| 2010 | 25.1 | 8.75% |
| 2009 | 23.1 | 44.29% |
| 2008 | 16.0 | -53.07% |
| 2007 | 34.1 | 6.49% |
| 2006 | 32.0 | 10.66% |
| 2005 | 28.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Shutterstock SSTK | 12.4 | -63.78% | 🇺🇸 USA |
 Imax Corp IMAX | 36.4 | 6.48% | 🇨🇦 Canada |
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.