P/E ratio for Guidewire Software (GWRE)
P/E ratio as of April 2024 (TTM): -84.1
According to Guidewire Software 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -84.0815. At the end of 2022 the company had a P/E ratio of -26.3.
P/E ratio history for Guidewire Software from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -26.3 | -72.91% |
| 2021 | -97.0 | -70.6% |
| 2020 | -330 | -96.99% |
| 2019 | < -1000 | -1876.52% |
| 2018 | 617 | 124.39% |
| 2017 | 275 | -38.67% |
| 2016 | 448 | 26.72% |
| 2015 | 354 | 88.72% |
| 2014 | 188 | -42.68% |
| 2013 | 327 | 131.15% |
| 2012 | 142 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 24.2 | -128.73% | 🇺🇸 USA |
 Sapiens SPNS | 30.2 | -135.93% | 🇮🇱 Israel |
 Pegasystems PEGA | -123 | 45.89% | 🇺🇸 USA |
 Ebix EBIX | 1.07 | -101.28% | 🇺🇸 USA |
 Benefitfocus BNFT | -14.2 | -83.11% | 🇺🇸 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.