According to Qorvo 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -56.1828. At the end of 2022 the company had a P/E ratio of 21.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 21.1 | 35.62% |
2021 | 15.6 | -60.19% |
2020 | 39.1 | -0.33% |
2019 | 39.3 | -69.04% |
2018 | 127 | -57.67% |
2017 | 300 | -525.18% |
2016 | -70.5 | -101.13% |
2015 | > 1000 | 11203.27% |
2014 | 55.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 778 | -1,485.36% | ๐บ๐ธ USA |
![]() | 10.0 | -117.81% | ๐บ๐ธ USA |
![]() | -13.1 | -76.76% | ๐บ๐ธ USA |
![]() | 31.8 | -156.52% | ๐บ๐ธ USA |
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.