P/E ratio for Quantum (QMCO)
P/E ratio as of May 2024 (TTM): -1.15
According to Quantum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.14878. At the end of 2022 the company had a P/E ratio of -2.66.
P/E ratio history for Quantum from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.66 | -62.92% |
| 2021 | -7.17 | -35.57% |
| 2020 | -11.1 | -53.51% |
| 2019 | -23.9 | 1850.74% |
| 2018 | -1.23 | -86.71% |
| 2017 | -9.23 | 100.16% |
| 2016 | -4.61 | -84.56% |
| 2015 | -29.9 | -23.45% |
| 2014 | -39.0 | 192.67% |
| 2013 | -13.3 | 125.81% |
| 2012 | -5.90 | -100% |
| 2011 | > 1000 | 1.8595509107336E+17% |
| 2010 | 372 | 534.81% |
| 2009 | 58.6 | -28423.33% |
| 2008 | -0.2069 | -97.54% |
| 2007 | -8.41 | 30.44% |
| 2006 | -6.44 | -74.64% |
| 2005 | -25.4 | -51.49% |
| 2004 | -52.4 | 420.64% |
| 2003 | -10.1 | 570.97% |
| 2002 | -1.50 | -108.14% |
| 2001 | 18.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Seagate Technology STX | -25.1 | 2,082.56% | 🇮🇪 Ireland |
 Quantum QMCO | -1.15 | 0.00% | 🇺🇸 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.