Forrester Research
FORR
#6995
Rank
ยฃ0.27 B
Marketcap
ยฃ14.34
Share price
-0.95%
Change (1 day)
-39.66%
Change (1 year)

P/E ratio for Forrester Research (FORR)

P/E ratio as of September 2024 (TTM): 171

According to Forrester Research 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 171.091. At the end of 2022 the company had a P/E ratio of 30.8.

P/E ratio history for Forrester Research from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.8-31.24%
202144.8-43.29%
202079.1-202.38%
2019-77.2-245.12%
201853.22.34%
201752.017.44%
201644.34.17%
201542.5-35.57%
201466.0-3.44%
201368.3193.17%
201223.3-30.65%
201133.6-13.35%
201038.822.54%
200931.643.59%
200822.0-35.5%
200734.20.84%
200633.9-0.6%
200534.1-58.19%
200481.5-49.46%
2003161-68.91%
20025191961.57%
200125.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
44.1-74.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.31-103.11%๐Ÿ‡บ๐Ÿ‡ธ USA
56.2-67.18%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9-88.95%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.