P/E ratio for Lantronix (LTRX)
P/E ratio as of April 2024 (TTM): -12.6
According to Lantronix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.6. 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 | -32.6 | 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 | 157.45% |
| 2013 | -9.18 | -65.76% |
| 2012 | -26.8 | 610.43% |
| 2011 | -3.77 | -80.63% |
| 2010 | -19.5 | 8.19% |
| 2009 | -18.0 | 1.79% |
| 2008 | -17.7 | -30.19% |
| 2007 | -25.3 | -146.34% |
| 2006 | 54.7 | -464.44% |
| 2005 | -15.0 | 226.73% |
| 2004 | -4.59 | 162.9% |
| 2003 | -1.75 | 416.4% |
| 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 |
|---|---|---|---|
 Cisco CSCO | 15.6 | -223.57% | 🇺🇸 USA |
 Arista Networks ANET | 41.8 | -431.36% | 🇺🇸 USA |
 Emerson EMR | 4.75 | -137.70% | 🇺🇸 USA |
 Silicom SILC | 7.28 | -157.79% | 🇮🇱 Israel |
 NETGEAR NTGR | -3.82 | -69.65% | 🇺🇸 USA |
 Digi International
DGII | 35.7 | -383.04% | 🇺🇸 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.