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 |
|---|---|---|
| 2021 | 18.0 | -14.35% |
| 2020 | 21.1 | -27.85% |
| 2019 | 29.2 | -108.14% |
| 2018 | -359 | -670.73% |
| 2017 | 62.8 | 330.52% |
| 2016 | 14.6 | -16.35% |
| 2015 | 17.4 | -84.19% |
| 2014 | 110 | 672.3% |
| 2013 | 14.3 | 33.2% |
| 2012 | 10.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 30.0 | -258.19% | 🇺🇸 USA |
 Cisco CSCO | 18.1 | -195.61% | 🇺🇸 USA |
 Fortinet FTNT | 55.6 | -393.01% | 🇺🇸 USA |
 HP HPQ | 11.5 | -160.63% | 🇺🇸 USA |
 Western Digital WDC | -17.8 | -5.86% | 🇺🇸 USA |
 Motorola Solutions
MSI | 34.3 | -281.12% | 🇺🇸 USA |
 ADTRAN ADTN | -19.0 | -0.01% | 🇺🇸 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.