Roku
ROKU
#1721
Rank
$9.08 B
Marketcap
$63.29
Share price
-0.95%
Change (1 day)
-8.06%
Change (1 year)
Roku, Inc. is an American company that manufactures a variety of digital media players for video streaming the company also runs an advertising business and licenses its hardware and software to other companies.

P/E ratio for Roku (ROKU)

P/E ratio as of February 2024 (TTM): -10.3

According to Roku's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.2577. At the end of 2022 the company had a P/E ratio of -11.3.

P/E ratio history for Roku from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-11.3-109.14%
2021124-106.35%
2020< -1000658.47%
2019-257-24.36%
2018-3405807.65%
2017-5.76

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.3 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
25.4-348.03%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.