According to STMicroelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.9567. At the end of 2022 the company had a P/E ratio of 8.14.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.14 | -63.2% |
2021 | 22.1 | -26.71% |
2020 | 30.2 | 30.09% |
2019 | 23.2 | 139% |
2018 | 9.71 | -59.56% |
2017 | 24.0 | -59.82% |
2016 | 59.7 | 0.71% |
2015 | 59.3 | 11.17% |
2014 | 53.4 | -473.5% |
2013 | -14.3 | 156.51% |
2012 | -5.57 | -169.5% |
2011 | 8.01 | -27.85% |
2010 | 11.1 | -254.55% |
2009 | -7.19 | -5.99% |
2008 | -7.64 | -71.67% |
2007 | -27.0 | -215.84% |
2006 | 23.3 | -59.89% |
2005 | 58.1 | 104.37% |
2004 | 28.4 | -69.49% |
2003 | 93.1 | 133.92% |
2002 | 39.8 | -63.54% |
2001 | 109 |
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.