P/E ratio for Ribbon Communications (RBBN)
P/E ratio as of May 2024 (TTM): -10.0
According to Ribbon Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.0312. At the end of 2022 the company had a P/E ratio of -4.16.
P/E ratio history for Ribbon Communications from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.16 | -17.4% |
| 2021 | -5.04 | -143.04% |
| 2020 | 11.7 | -549.68% |
| 2019 | -2.61 | -58.92% |
| 2018 | -6.34 | -52.41% |
| 2017 | -13.3 | -40.77% |
| 2016 | -22.5 | 105.12% |
| 2015 | -11.0 | -81.76% |
| 2014 | -60.2 | 50.85% |
| 2013 | -39.9 | 322.21% |
| 2012 | -9.44 | -84.26% |
| 2011 | -60.0 | -10.11% |
| 2010 | -66.8 | -68.36% |
| 2009 | -211 | 5909.49% |
| 2008 | -3.51 | -93.98% |
| 2007 | -58.3 | -462.72% |
| 2006 | 16.1 | -87.04% |
| 2005 | 124 | 116.4% |
| 2004 | 57.3 | -160.8% |
| 2003 | -94.3 | 3198.75% |
| 2002 | -2.86 | 122.02% |
| 2001 | -1.29 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ribbon Communications RBBN | -10.0 | 0.00% | 🇺🇸 USA |
 NETGEAR NTGR | -3.18 | -68.26% | 🇺🇸 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.