According to RingCentral 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.38815. At the end of 2022 the company had a P/E ratio of -3.84.
Year | P/E ratio | Change |
---|---|---|
2022 | -3.84 | -91.62% |
2021 | -45.8 | -88.52% |
2020 | -399 | 51.36% |
2019 | -264 | 2.3% |
2018 | -258 | -27.34% |
2017 | -355 | 588.49% |
2016 | -51.5 | 0.47% |
2015 | -51.3 | 150.81% |
2014 | -20.4 | 10.99% |
2013 | -18.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Microsoft MSFT | 33.6 | -865.51% | ๐บ๐ธ USA |
Amazon AMZN | 89.3 | -2,134.70% | ๐บ๐ธ USA |
AT&T T | -11.0 | 151.57% | ๐บ๐ธ USA |
Cisco CSCO | 15.2 | -446.48% | ๐บ๐ธ USA |
Akamai
AKAM | 34.0 | -874.43% | ๐บ๐ธ USA |
J2 Global
JCOM | N/A | N/A | ๐บ๐ธ USA |
8x8
EGHT | -4.42 | 0.73% | ๐บ๐ธ USA |
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.