Reason: Acquired by HP
Last recorded trade on: October 28, 2022
Source: https://www.engadget.com/hp-buys-poly-plantronics-142337041.html
P/E ratio for Plantronics (POLY)
P/E ratio at the end of 2022: 93.9
According to Plantronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 94.8095. At the end of 2022 the company had a P/E ratio of 93.9.
P/E ratio history for Plantronics from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 93.9 | -457.34% |
| 2021 | -26.3 | 4735.45% |
| 2020 | -0.5435 | -95.88% |
| 2019 | -13.2 | -99.34% |
| 2018 | < -1000 | -9639.95% |
| 2017 | 21.1 | 7.98% |
| 2016 | 19.5 | 0.44% |
| 2015 | 19.4 | 14.26% |
| 2014 | 17.0 | -0.42% |
| 2013 | 17.1 | 5.3% |
| 2012 | 16.2 | 2.46% |
| 2011 | 15.8 | -39.99% |
| 2010 | 26.4 | -410.36% |
| 2009 | -8.51 | -160.1% |
| 2008 | 14.2 | -36.48% |
| 2007 | 22.3 | 7.81% |
| 2006 | 20.7 | 9.52% |
| 2005 | 18.9 | -27.86% |
| 2004 | 26.2 | 62.17% |
| 2003 | 16.1 | -41% |
| 2002 | 27.3 | 129.22% |
| 2001 | 11.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -7.99 | -108.43% | 🇺🇸 USA |
 | -29.0 | -130.59% | 🇺🇸 USA |
 | 32.4 | -65.80% | 🇺🇸 USA |
 | 31.4 | -66.92% | 🇨🇭 Switzerland |
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.