P/E ratio for Faro Technologies (FARO)
P/E ratio as of April 2024 (TTM): -5.74
According to Faro Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.74295. At the end of 2022 the company had a P/E ratio of -20.1.
P/E ratio history for Faro Technologies from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.1 | -37% |
| 2021 | -32.0 | -100.91% |
| 2020 | > 1000 | -25139.63% |
| 2019 | -14.1 | -109.72% |
| 2018 | 145 | -368.67% |
| 2017 | -54.0 | -200.54% |
| 2016 | 53.7 | 36.51% |
| 2015 | 39.4 | 22.45% |
| 2014 | 32.1 | -31.08% |
| 2013 | 46.6 | 77.78% |
| 2012 | 26.2 | -19.01% |
| 2011 | 32.4 | -32.92% |
| 2010 | 48.3 | -248.67% |
| 2009 | -32.5 | -259.92% |
| 2008 | 20.3 | -11.81% |
| 2007 | 23.0 | -46.34% |
| 2006 | 42.9 | 24.49% |
| 2005 | 34.5 | 19.44% |
| 2004 | 28.9 | -21.41% |
| 2003 | 36.7 | -430.42% |
| 2002 | -11.1 | 24.08% |
| 2001 | -8.96 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ametek AME | 31.9 | -655.17% | 🇺🇸 USA |
 General Electric GE | 17.9 | -411.47% | 🇺🇸 USA |
 Northrop Grumman NOC | 14.8 | -357.91% | 🇺🇸 USA |
 Trimble TRMB | 42.9 | -846.29% | 🇺🇸 USA |
 OSI Systems
OSIS | 24.1 | -520.39% | 🇺🇸 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.