NETGEAR
NTGR
#5646
Rank
$0.40 B
Marketcap
$14.03
Share price
0.21%
Change (1 day)
-26.35%
Change (1 year)

P/E ratio for NETGEAR (NTGR)

P/E ratio as of June 2023 (TTM): -19.0

According to NETGEAR's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.9595. At the end of 2021 the company had a P/E ratio of 18.0.

P/E ratio history for NETGEAR from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.0-14.35%
202021.1-27.85%
201929.2-108.14%
2018-359-670.73%
201762.8330.52%
201614.6-16.35%
201517.4-84.19%
2014110672.3%
201314.333.2%
201210.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.0-258.19%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-195.61%๐Ÿ‡บ๐Ÿ‡ธ USA
55.6-393.01%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5-160.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.8-5.86%๐Ÿ‡บ๐Ÿ‡ธ USA
34.3-281.12%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.0-0.01%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.