EchoStar
SATS
#2268
Rank
$6.70 B
Marketcap
$23.43
Share price
-3.30%
Change (1 day)
120.83%
Change (1 year)

P/E ratio for EchoStar (SATS)

P/E ratio as of November 2024 (TTM): 17.5

According to EchoStar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4851. At the end of 2022 the company had a P/E ratio of 7.98.

P/E ratio history for EchoStar from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.98-75.77%
202132.9-165.28%
2020-50.5-24.28%
2019-66.6-5.95%
2018-70.8-702.8%
201711.8-45.25%
201621.519.88%
201517.9-23.82%
201423.5-98.25%
2013> 100011668.91%
201211.4-116.48%
2011-69.2-921.07%
20108.43121.1%
20093.81-434.8%
2008-1.14-95.95%
2007-28.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.5040-97.12%๐Ÿ‡บ๐Ÿ‡ธ USA
1.73-90.12%๐Ÿ‡บ๐Ÿ‡ธ USA
52.7 201.40%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-208-1,288.16%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.