Cambium Networks
CMBM
#9490
Rank
NZ$56.84 M
Marketcap
$2.01
Share price
6.31%
Change (1 day)
-72.81%
Change (1 year)

P/E ratio for Cambium Networks (CMBM)

P/E ratio as of November 2024 (TTM): 1.51

According to Cambium Networks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.51282. At the end of 2022 the company had a P/E ratio of 28.9.

P/E ratio history for Cambium Networks from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.960.08%
202118.0-47.46%
202034.4-633.54%
2019-6.44

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.2 1,501.87%๐Ÿ‡บ๐Ÿ‡ธ USA
-69.7-4,706.47%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1 1,029.65%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.