P/E ratio for NICE (NICE)
P/E ratio as of June 2023 (TTM): 51.0
According to NICE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.0456. At the end of 2021 the company had a P/E ratio of 98.3.
P/E ratio history for NICE from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 98.3 | 8.46% |
| 2020 | 90.6 | 74.58% |
| 2019 | 51.9 | 24.68% |
| 2018 | 41.6 | 6.87% |
| 2017 | 38.9 | |
| 2015 | 13.2 | -54.63% |
| 2014 | 29.1 | -35.33% |
| 2013 | 45.0 | 50.57% |
| 2012 | 29.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 66.3 | 29.89% | 🇺🇸 USA |
 Verint Systems
VRNT | -381 | -845.80% | 🇺🇸 USA |
 Pegasystems PEGA | -10.5 | -120.59% | 🇺🇸 USA |
 LivePerson LPSN | -1.23 | -102.40% | 🇺🇸 USA |
 ACI Worldwide
ACIW | 29.3 | -42.50% | 🇺🇸 USA |
 FICO FICO | 50.4 | -1.31% | 🇺🇸 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.