P/E ratio for GoDaddy (GDDY)
P/E ratio as of April 2024 (TTM): 58.1
According to GoDaddy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.0909. At the end of 2022 the company had a P/E ratio of 33.6.
P/E ratio history for GoDaddy from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.6 | -43.07% |
| 2021 | 58.9 | -313.13% |
| 2020 | -27.6 | -132.57% |
| 2019 | 84.9 | -40.48% |
| 2018 | 143 | 220.6% |
| 2017 | 44.5 | -128.01% |
| 2016 | -159 | 500.58% |
| 2015 | -26.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sohu.com SOHU | -5.57 | -109.58% | 🇨🇳 China |
 LivePerson LPSN | -0.3859 | -100.66% | 🇺🇸 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.