According to Ribbon Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.8125. At the end of 2022 the company had a P/E ratio of -4.16.
Year | P/E ratio | Change |
---|---|---|
2022 | -4.16 | -17.4% |
2021 | -5.04 | -143.04% |
2020 | 11.7 | -549.68% |
2019 | -2.61 | -58.92% |
2018 | -6.34 | -52.41% |
2017 | -13.3 | -40.77% |
2016 | -22.5 | 105.12% |
2015 | -11.0 | -81.76% |
2014 | -60.2 | 50.85% |
2013 | -39.9 | 322.21% |
2012 | -9.44 | -84.26% |
2011 | -60.0 | -10.11% |
2010 | -66.8 | -68.36% |
2009 | -211 | 5909.49% |
2008 | -3.51 | -93.98% |
2007 | -58.3 | -462.72% |
2006 | 16.1 | -87.04% |
2005 | 124 | 116.4% |
2004 | 57.3 | -160.8% |
2003 | -94.3 | 3198.75% |
2002 | -2.86 | 122.02% |
2001 | -1.29 |
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.