P/E ratio for Infinera (INFN)
P/E ratio as of March 2023 (TTM): -21.1
According to Infinera's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.125. At the end of 2021 the company had a P/E ratio of -11.6.
P/E ratio history for Infinera from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -11.6 | 23.48% |
| 2020 | -9.36 | 155.73% |
| 2019 | -3.66 | 16.46% |
| 2018 | -3.14 | -34.49% |
| 2017 | -4.80 | -90.96% |
| 2016 | -53.1 | -214.21% |
| 2015 | 46.5 | -65.28% |
| 2014 | 134 | -469.44% |
| 2013 | -36.2 | 380.05% |
| 2012 | -7.55 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 18.8 | -188.85% | 🇺🇸 USA |
 Juniper Networks
JNPR | 23.3 | -210.32% | 🇺🇸 USA |
 Extreme Networks
EXTR | 48.0 | -327.16% | 🇺🇸 USA |
 ADTRAN ADTN | -311 | 1,371.24% | 🇺🇸 USA |
 Ciena CIEN | 42.2 | -299.61% | 🇺🇸 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.