P/E ratio for Spirent (SPT.L)
P/E ratio at the end of 2022: 20.7
According to Spirent's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 20.7.
P/E ratio history for Spirent from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.7 | -16.1% |
| 2021 | 24.7 | -1.6% |
| 2020 | 25.1 | 0.78% |
| 2019 | 24.9 | 49.96% |
| 2018 | 16.6 | -41% |
| 2017 | 28.2 | -250.7% |
| 2016 | -18.7 | -143.14% |
| 2015 | 43.3 | 46.06% |
| 2014 | 29.7 | 14.52% |
| 2013 | 25.9 | 152.14% |
| 2012 | 10.3 | -5.68% |
| 2011 | 10.9 | -33.8% |
| 2010 | 16.4 | 74.04% |
| 2009 | 9.45 | 167.27% |
| 2008 | 3.54 | -82.94% |
| 2007 | 20.7 | 538.37% |
| 2006 | 3.25 | -122.38% |
| 2005 | -14.5 | -181.11% |
| 2004 | 17.9 | -36.73% |
| 2003 | 28.3 | -23713.83% |
| 2002 | -0.1197 | -93% |
| 2001 | -1.71 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 1.08 | N/A | 🇨🇳 China |
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.