P/E ratio for Edgio (EGIO)
P/E ratio as of May 2024 (TTM): -12.6
According to Edgio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.6403. At the end of 2022 the company had a P/E ratio of -1.64.
P/E ratio history for Edgio from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.64 | -78.04% |
| 2021 | -7.46 | -71.97% |
| 2020 | -26.6 | -15.25% |
| 2019 | -31.4 | -219.28% |
| 2018 | 26.3 | -141.76% |
| 2017 | -63.0 | 1625% |
| 2016 | -3.65 | -39.96% |
| 2015 | -6.08 | -45.1% |
| 2014 | -11.1 | 101.45% |
| 2013 | -5.50 | -18.24% |
| 2012 | -6.73 | -47.73% |
| 2011 | -12.9 | -51.27% |
| 2010 | -26.4 | -382.95% |
| 2009 | 9.33 | -385.71% |
| 2008 | -3.27 | -35.84% |
| 2007 | -5.09 |
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.