P/E ratio for Keysight (KEYS)
P/E ratio as of April 2024 (TTM): 23.2
According to Keysight's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1688. At the end of 2022 the company had a P/E ratio of 27.5.
P/E ratio history for Keysight from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.5 | -35.38% |
| 2021 | 42.5 | 7.77% |
| 2020 | 39.4 | 27.17% |
| 2019 | 31.0 | -56.55% |
| 2018 | 71.4 | 6.35% |
| 2017 | 67.1 | 261.45% |
| 2016 | 18.6 | 98.54% |
| 2015 | 9.35 | -34.96% |
| 2014 | 14.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Itron
ITRI | 55.2 | 138.15% | 🇺🇸 USA |
 Faro Technologies
FARO | -5.74 | -124.79% | 🇺🇸 USA |
 Bruker BRKR | 36.2 | 56.26% | 🇺🇸 USA |
 Badger Meter
BMI | 61.1 | 163.82% | 🇺🇸 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.