Lantronix
LTRX
#7275
Rank
$0.13 B
Marketcap
$3.57
Share price
-5.05%
Change (1 day)
-16.98%
Change (1 year)

P/E ratio for Lantronix (LTRX)

P/E ratio as of June 2024 (TTM): -14.3

According to Lantronix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.28. At the end of 2022 the company had a P/E ratio of -30.9.

P/E ratio history for Lantronix from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-30.9-5.42%
2021-32.6127.79%
2020-14.3-23.34%
2019-18.7-141.76%
201844.7-195.12%
2017-47.059.49%
2016-29.5448.15%
2015-5.38-77.22%
2014-23.6157.45%
2013-9.18-65.76%
2012-26.8610.43%
2011-3.77-80.63%
2010-19.58.19%
2009-18.01.79%
2008-17.7-30.19%
2007-25.3-146.34%
200654.7-464.44%
2005-15.0226.73%
2004-4.59162.9%
2003-1.75416.4%
2002-0.3382-98.72%
2001-26.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.9-204.18%๐Ÿ‡บ๐Ÿ‡ธ USA
55.3-486.90%๐Ÿ‡บ๐Ÿ‡ธ USA
4.72-133.07%๐Ÿ‡บ๐Ÿ‡ธ USA
7.34-151.42%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-3.98-72.12%๐Ÿ‡บ๐Ÿ‡ธ USA
26.8-287.64%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.