P/E ratio for Ooma (OOMA)
P/E ratio as of April 2024 (TTM): -52.7
According to Ooma's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -52.6923. At the end of 2022 the company had a P/E ratio of -102.
P/E ratio history for Ooma from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -102 | -50.33% |
| 2021 | -204 | 183.89% |
| 2020 | -72.0 | 422.45% |
| 2019 | -13.8 | -28.51% |
| 2018 | -19.3 | 16.15% |
| 2017 | -16.6 | 42% |
| 2016 | -11.7 | 194.19% |
| 2015 | -3.97 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Spok Holdings
SPOK | 8.57 | -116.27% | 🇺🇸 USA |
 Shentel SHEN | < -1000 | 2,437.37% | 🇺🇸 USA |
 SK Telecom SKM | 10.2 | -119.40% | 🇰🇷 S. Korea |
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.