P/E ratio for Lantronix (LTRX)
P/E ratio as of May 2023 (TTM): -34.3
According to Lantronix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -34.2857. At the end of 2021 the company had a P/E ratio of -32.6.
P/E ratio history for Lantronix from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -32.6 | 127.79% |
| 2020 | -14.3 | -23.34% |
| 2019 | -18.7 | -141.76% |
| 2018 | 44.7 | -195.12% |
| 2017 | -47.0 | 59.49% |
| 2016 | -29.5 | 448.15% |
| 2015 | -5.38 | -77.22% |
| 2014 | -23.6 | |
| 2012 | -28.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 18.2 | -153.07% | 🇺🇸 USA |
 Arista Networks ANET | 34.4 | -200.37% | 🇺🇸 USA |
 Emerson EMR | 9.86 | -128.77% | 🇺🇸 USA |
 Silicom SILC | 12.2 | -135.60% | 🇮🇱 Israel |
 NETGEAR NTGR | -18.9 | -45.02% | 🇺🇸 USA |
 Digi International
DGII | 47.0 | -237.20% | 🇺🇸 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.