Dynatrace
DT
#1248
Rank
$13.43 B
Marketcap
$45.40
Share price
-1.86%
Change (1 day)
7.46%
Change (1 year)
Dynatrace is an American technology company that specializes in software intelligence products and services that deliver application performance management (APM), artificial intelligence for operations (AIOps), IT infrastructure monitoring (ITIM), digital experience management (DEM), and digital business analytics.

P/E ratio for Dynatrace (DT)

P/E ratio as of April 2024 (TTM): 79.8

According to Dynatrace's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 79.7586. At the end of 2022 the company had a P/E ratio of 371.

P/E ratio history for Dynatrace from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202237172.09%
202121674.34%
2020124-1006.78%
2019-13.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-157.90%๐Ÿ‡บ๐Ÿ‡ธ 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.