Fastly
FSLY
#4399
Rank
$1.69 B
Marketcap
$12.63
Share price
0.16%
Change (1 day)
-22.94%
Change (1 year)
Fastly, Inc. is an American cloud computing services provider. Fastly provides a content delivery network, Internet security services, load balancing, and video & streaming services.

P/E ratio for Fastly (FSLY)

P/E ratio as of March 2024 (TTM): -10.2

According to Fastly 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.1855. At the end of 2022 the company had a P/E ratio of -5.18.

P/E ratio history for Fastly from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.18-71.93%
2021-18.5-81.19%
2020-98.2216.59%
2019-31.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.9-462.40%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-158 1,453.96%๐Ÿ‡บ๐Ÿ‡ธ 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.