PerkinElmer
PKI
#1010
Rank
$16.18 B
Marketcap
$128.00
Share price
0.33%
Change (1 day)
-27.83%
Change (1 year)
PerkinElmer, Inc. is an American chemical and medical technology company with operations in environmental health and human health.

P/E ratio for PerkinElmer (PKI)

P/E ratio as of March 2023 (TTM): 27.9

According to PerkinElmer 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9193. At the end of 2021 the company had a P/E ratio of 25.1.

P/E ratio history for PerkinElmer from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202125.113.88%
202022.0-53.52%
201947.429.69%
201836.633.01%
201727.512.79%
201624.4-14.38%
201528.5-9.01%
201431.311.34%
201328.1-45.6%
201251.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.3 12.27%๐Ÿ‡บ๐Ÿ‡ธ USA
29.9 7.13%๐Ÿ‡บ๐Ÿ‡ธ USA
45.5 63.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.25-129.56%๐Ÿ‡บ๐Ÿ‡ธ USA
26.2-6.03%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
41.5 48.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.87-113.86%๐Ÿ‡บ๐Ÿ‡ธ USA

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.