P/E ratio for Extreme Networks (EXTR)
P/E ratio as of May 2024 (TTM): 15.1
According to Extreme Networks 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1096. At the end of 2022 the company had a P/E ratio of 48.2.
P/E ratio history for Extreme Networks from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 48.2 | -4.86% |
| 2021 | 50.6 | -570.43% |
| 2020 | -10.8 | 3.71% |
| 2019 | -10.4 | -67.67% |
| 2018 | -32.1 | -53.84% |
| 2017 | -69.6 | 245.7% |
| 2016 | -20.1 | 186.02% |
| 2015 | -7.03 | 51.45% |
| 2014 | -4.64 | -89.33% |
| 2013 | -43.5 | -351.1% |
| 2012 | 17.3 | -117.81% |
| 2011 | -97.3 | -761.49% |
| 2010 | 14.7 | -146.14% |
| 2009 | -31.9 | -152.62% |
| 2008 | 60.6 | -82.88% |
| 2007 | 354 | -775.89% |
| 2006 | -52.4 | -177.18% |
| 2005 | 67.9 | 13.96% |
| 2004 | 59.5 | -1974.73% |
| 2003 | -3.18 | 36.96% |
| 2002 | -2.32 | -79.33% |
| 2001 | -11.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 15.3 | 1.27% | 🇺🇸 USA |
 HP HPQ | 12.2 | -19.58% | 🇺🇸 USA |
 Juniper Networks
JNPR | 30.3 | 100.29% | 🇺🇸 USA |
 Motorola Solutions
MSI | 35.2 | 133.09% | 🇺🇸 USA |
 Infinera INFN | -175 | -1,260.41% | 🇺🇸 USA |
 Ericsson ERIC | -8.24 | -154.53% | 🇸🇪 Sweden |
 ADTRAN ADTN | -5.73 | -137.95% | 🇺🇸 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.