According to Cirrus Logic 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3759. At the end of 2022 the company had a P/E ratio of 12.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.8 | -38.22% |
2021 | 20.7 | -12.71% |
2020 | 23.7 | -23.25% |
2019 | 30.9 | 46.98% |
2018 | 21.0 | 17.84% |
2017 | 17.8 | 18.2% |
2016 | 15.1 | 5.69% |
2015 | 14.3 | -55.21% |
2014 | 31.9 | 200.9% |
2013 | 10.6 | -9.38% |
2012 | 11.7 | 83.51% |
2011 | 6.37 | -45.03% |
2010 | 11.6 | -74.53% |
2009 | 45.5 | -83.03% |
2008 | 268 | 813.64% |
2007 | 29.3 | 83.33% |
2006 | 16.0 | 12.57% |
2005 | 14.2 | -128.37% |
2004 | -50.1 | 864.04% |
2003 | -5.20 | 183.25% |
2002 | -1.83 | -77.38% |
2001 | -8.11 |
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.