P/E ratio for EchoStar (SATS)
P/E ratio as of March 2023 (TTM): 9.59
According to EchoStar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.58511. At the end of 2021 the company had a P/E ratio of 32.5.
P/E ratio history for EchoStar from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 32.5 | -163.77% |
| 2020 | -51.0 | -23.95% |
| 2019 | -67.0 | -5.89% |
| 2018 | -71.2 | -705.76% |
| 2017 | 11.8 | -45.25% |
| 2016 | 21.5 | 22.2% |
| 2015 | 17.6 | -25.12% |
| 2014 | 23.5 | -98.25% |
| 2013 | > 1000 | 11362.91% |
| 2012 | 11.7 | -97.24% |
| 2011 | 424 | 4978.42% |
| 2010 | 8.35 | 121.94% |
| 2009 | 3.76 | -448.68% |
| 2008 | -1.08 | -104.25% |
| 2007 | 25.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dish Network
DISH | 2.47 | -74.19% | 🇺🇸 USA |
 ViaSat VSAT | -17.5 | -282.60% | 🇺🇸 USA |
 Gilat Telecom GILT | -71.9 | -849.67% | 🇮🇱 Israel |
 Globalstar
GSAT | -8.14 | -184.95% | 🇺🇸 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.