P/E ratio for IDT Corporation (IDT)
P/E ratio as of April 2024 (TTM): 18.7
According to IDT Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.6572. At the end of 2022 the company had a P/E ratio of 17.9.
P/E ratio history for IDT Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.9 | 36.11% |
| 2021 | 13.2 | 28.24% |
| 2020 | 10.3 | -75.76% |
| 2019 | 42.4 | 30.18% |
| 2018 | 32.6 | -312.07% |
| 2017 | -15.4 | -250.81% |
| 2016 | 10.2 | -68.55% |
| 2015 | 32.4 | 570.16% |
| 2014 | 4.83 | -84.85% |
| 2013 | 31.9 | 790.34% |
| 2012 | 3.58 | -85.08% |
| 2011 | 24.0 | 111.66% |
| 2010 | 11.4 | -3154.13% |
| 2009 | -0.3717 | 294.27% |
| 2008 | -0.0943 | -97.61% |
| 2007 | -3.95 | -133.55% |
| 2006 | 11.8 | -172.55% |
| 2005 | -16.2 | 22.66% |
| 2004 | -13.2 | -76.34% |
| 2003 | -55.9 | 709.56% |
| 2002 | -6.90 | 261.71% |
| 2001 | -1.91 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 36.6 | 96.20% | 🇺🇸 USA |
 AT&T T | -11.0 | -158.77% | 🇺🇸 USA |
 Fiserv FI | 32.3 | 73.30% | 🇺🇸 USA |
 Verizon VZ | 8.00 | -57.12% | 🇺🇸 USA |
 Orange ORAN | N/A | N/A | 🇫🇷 France |
 Vonage Holdings Corp. VG | N/A | N/A | 🇺🇸 USA |
 Consolidated Communications CNSL | 7.48 | -59.90% | 🇺🇸 USA |
 Telefónica TEF | 15.7 | -15.59% | 🇪🇸 Spain |
 8x8
EGHT | -4.52 | -124.23% | 🇺🇸 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.