P/E ratio for Perion Network (PERI)
P/E ratio as of April 2024 (TTM): 4.78
According to Perion Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.776. 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 |
|---|---|---|
| 2022 | 11.5 | -47.4% |
| 2021 | 21.9 | -34.74% |
| 2020 | 33.5 | 169.29% |
| 2019 | 12.4 | 49.38% |
| 2018 | 8.33 | -857.32% |
| 2017 | -1.10 | -101.09% |
| 2016 | 100 | -2756.98% |
| 2015 | -3.78 | -155% |
| 2014 | 6.87 | -84.08% |
| 2013 | 43.2 | 73.87% |
| 2012 | 24.8 | 265.93% |
| 2011 | 6.79 | -23.72% |
| 2010 | 8.90 | -23.34% |
| 2009 | 11.6 | 134.09% |
| 2008 | 4.96 | -125.76% |
| 2007 | -19.2 | -162.9% |
| 2006 | 30.6 |
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.