Cisco
CSCO

Cisco Systems, Inc. is an American company in the telecommunications industry. It is primarily known for its routers and switches, which are used by a substantial part of the Internet backbones. Cisco was founded in December 1984 by a group of scientists (primarily Leonard Bosack and Sandy Lerner) from Stanford University near San Francisco.

P/E ratio for Cisco (CSCO)

P/E ratio as of November 2024 (TTM): 18.8

According to Cisco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7961. At the end of 2022 the company had a P/E ratio of 17.2.

P/E ratio history for Cisco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.2-26.72%
202123.529.55%
202018.1-4.05%
201918.9-83.88%
2018117493.18%
201719.737.84%
201614.3-0.33%
201514.4-23.03%
201418.754%
201312.1-3.75%
201212.6-19.88%
201115.77.25%
201014.7-39.38%
200924.2101.76%
200812.0-42%
200720.7-25.9%
200627.941.72%
200519.7-28.7%
200427.6-33.93%
200341.824.37%
200233.6-153.79%
2001-62.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
34.2 82.01%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.8-168.23%๐Ÿ‡ธ๐Ÿ‡ช Sweden
16.0-15.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.33-133.69%๐Ÿ‡บ๐Ÿ‡ธ USA
39.4 109.85%๐Ÿ‡บ๐Ÿ‡ธ USA
28.0 49.20%๐Ÿ‡บ๐Ÿ‡ธ USA
42.7 126.96%๐Ÿ‡บ๐Ÿ‡ธ USA
46.2 145.85%๐Ÿ‡บ๐Ÿ‡ธ USA
36.6 94.98%๐Ÿ‡บ๐Ÿ‡ธ USA
36.7 95.29%๐Ÿ‡บ๐Ÿ‡ธ 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.