NETGEAR
NTGR
#6351
Rank
$0.37 B
Marketcap
$12.87
Share price
3.04%
Change (1 day)
-7.41%
Change (1 year)

P/E ratio for NETGEAR (NTGR)

P/E ratio as of May 2024 (TTM): -3.38

According to NETGEAR's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.37568. At the end of 2022 the company had a P/E ratio of -7.67.

P/E ratio history for NETGEAR from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-7.67-142.56%
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%
201210.726.73%
20118.47-41.65%
201014.5-70.89%
200949.8259.07%
200813.9-16.58%
200716.626.69%
200613.114.37%
200511.5-21.52%
200414.6-7.08%
200315.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.8-982.06%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-550.01%๐Ÿ‡บ๐Ÿ‡ธ USA
41.7-1,335.53%๐Ÿ‡บ๐Ÿ‡ธ USA
14.0-514.20%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.66 186.22%๐Ÿ‡บ๐Ÿ‡ธ USA
36.4-1,176.99%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.68 68.29%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.