P/E ratio for Pitney Bowes (PBI)
P/E ratio as of June 2023 (TTM): 69.5
According to Pitney Bowes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.5. At the end of 2021 the company had a P/E ratio of -663.
P/E ratio history for Pitney Bowes from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -663 | 11308.77% |
| 2020 | -5.81 | -264.39% |
| 2019 | 3.54 | -28.22% |
| 2018 | 4.93 | -38.33% |
| 2017 | 7.99 | -73.71% |
| 2016 | 30.4 | 200.12% |
| 2015 | 10.1 | -31.46% |
| 2014 | 14.8 | -54.99% |
| 2013 | 32.8 | 584.71% |
| 2012 | 4.79 | -20.64% |
| 2011 | 6.04 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Xerox XRX | -11.0 | -115.84% | 🇺🇸 USA |
 Danaher DHR | 25.0 | -64.09% | 🇺🇸 USA |
 RR Donnelley
RRD | 217 | 211.94% | 🇺🇸 USA |
 Diebold Nixdorf
DBD | -0.0388 | -100.06% | 🇺🇸 USA |
 Acco Brands ACCO | -32.1 | -146.18% | 🇺🇸 USA |
 Canon 7751.T | 13.7 | -80.22% | 🇯🇵 Japan |
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.