Perion Network
PERI
#6159
Rank
$0.43 B
Marketcap
$8.96
Share price
-0.88%
Change (1 day)
-73.37%
Change (1 year)

P/E ratio for Perion Network (PERI)

P/E ratio as of June 2024 (TTM): 3.58

According to Perion Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.584. At the end of 2022 the company had a P/E ratio of 11.5.

P/E ratio history for Perion Network from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.5-47.4%
202121.9-34.74%
202033.5169.29%
201912.449.38%
20188.33-857.32%
2017-1.10-101.09%
2016100-2756.98%
2015-3.78-155%
20146.87-84.08%
201343.273.87%
201224.8265.93%
20116.79-23.72%
20108.90-23.34%
200911.6134.09%
20084.96-125.76%
2007-19.2-162.9%
200630.6

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.