P/E ratio for Pro-Dex (PDEX)
P/E ratio as of May 2024 (TTM): 13.8
According to Pro-Dex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.806. At the end of 2022 the company had a P/E ratio of 14.9.
P/E ratio history for Pro-Dex from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.9 | -14.85% |
| 2021 | 17.5 | -2.52% |
| 2020 | 17.9 | 2% |
| 2019 | 17.5 | 7.51% |
| 2018 | 16.3 | 51.24% |
| 2017 | 10.8 | 129.65% |
| 2016 | 4.70 | -88.35% |
| 2015 | 40.3 | -426.59% |
| 2014 | -12.4 | 133.79% |
| 2013 | -5.28 | 13.38% |
| 2012 | -4.66 | -221.21% |
| 2011 | 3.84 | -277.85% |
| 2010 | -2.16 | -9.59% |
| 2009 | -2.39 | -77.76% |
| 2008 | -10.8 | -174.14% |
| 2007 | 14.5 | -50% |
| 2006 | 29.0 | 124.9% |
| 2005 | 12.9 | -30.17% |
| 2004 | 18.5 | -52.95% |
| 2003 | 39.3 | -1123.91% |
| 2002 | -3.83 | -198.17% |
| 2001 | 3.90 |
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.