P/E ratio for Equinix (EQIX)
P/E ratio as of April 2024 (TTM): 79.4
According to Equinix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 79.383. At the end of 2022 the company had a P/E ratio of 85.2.
P/E ratio history for Equinix from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 85.2 | -43.91% |
| 2021 | 152 | -9.84% |
| 2020 | 168 | 74.01% |
| 2019 | 96.8 | 25.47% |
| 2018 | 77.1 | -48.59% |
| 2017 | 150 | -25.68% |
| 2016 | 202 | 119.69% |
| 2015 | 91.9 | -284.86% |
| 2014 | -49.7 | -150.44% |
| 2013 | 98.6 | 44.38% |
| 2012 | 68.3 | 19.18% |
| 2011 | 57.3 | -40.08% |
| 2010 | 95.6 | 63.01% |
| 2009 | 58.6 | 220.85% |
| 2008 | 18.3 | -103.07% |
| 2007 | -595 | 72.97% |
| 2006 | -344 | 1401.07% |
| 2005 | -22.9 | 119.13% |
| 2004 | -10.4 | 225.98% |
| 2003 | -3.21 | 250.06% |
| 2002 | -0.9158 | -25.02% |
| 2001 | -1.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AT&T T | -10.7 | -113.45% | 🇺🇸 USA |
 Akamai
AKAM | 33.9 | -57.28% | 🇺🇸 USA |
 Verizon VZ | 8.09 | -89.81% | 🇺🇸 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.