According to Pure Storage 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9331.08. At the end of 2022 the company had a P/E ratio of 565.
Year | P/E ratio | Change |
---|---|---|
2022 | 565 | -1401.23% |
2021 | -43.4 | 70.84% |
2020 | -25.4 | 33.63% |
2019 | -19.0 | -14.88% |
2018 | -22.3 | 28.14% |
2017 | -17.4 | 98.79% |
2016 | -8.77 | -28.78% |
2015 | -12.3 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -0.5166 | -100.01% | ๐บ๐ธ USA |
![]() | -28.9 | -100.31% | ๐ฎ๐ช Ireland |
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.