P/E ratio for Maxeon Solar Technologies (MAXN)
P/E ratio as of April 2024 (TTM): -0.7976
According to Maxeon Solar Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.797571. At the end of 2022 the company had a P/E ratio of -2.46.
P/E ratio history for Maxeon Solar Technologies from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.46 | 16.07% |
| 2021 | -2.12 | -60.33% |
| 2020 | -5.34 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Power Integrations
POWI | 42.5 | -5,431.06% | 🇺🇸 USA |
 Photronics PLAB | 14.1 | -1,872.87% | 🇺🇸 USA |
 PDF Solutions PDFS | 132 | -16,624.17% | 🇺🇸 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.