P/E ratio for Gen Digital (GEN)
P/E ratio as of April 2024 (TTM): 9.87
According to Gen Digital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.87204. At the end of 2022 the company had a P/E ratio of 22.8.
P/E ratio history for Gen Digital from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.8 | 36.89% |
| 2021 | 16.7 | -19.86% |
| 2020 | 20.8 | 383.67% |
| 2019 | 4.30 | -101.59% |
| 2018 | -270 | -1735.78% |
| 2017 | 16.5 | 121.78% |
| 2016 | 7.44 | -67.4% |
| 2015 | 22.8 | 17.42% |
| 2014 | 19.4 | 3.05% |
| 2013 | 18.9 | 58.37% |
| 2012 | 11.9 | -20.84% |
| 2011 | 15.0 | -30.78% |
| 2010 | 21.7 | -64.76% |
| 2009 | 61.7 | -3595.14% |
| 2008 | -1.77 | -104.26% |
| 2007 | 41.4 | -4.73% |
| 2006 | 43.4 | -23.05% |
| 2005 | 56.5 | 84.08% |
| 2004 | 30.7 | -5.78% |
| 2003 | 32.5 | 2.04% |
| 2002 | 31.9 | -145.62% |
| 2001 | -69.9 |
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.