Seagate Technology
STX
#1182
Rank
$13.78 B
Marketcap
$66.76
Share price
-3.23%
Change (1 day)
-37.69%
Change (1 year)

P/E ratio for Seagate Technology (STX)

P/E ratio as of January 2023 (TTM): 12.6

According to Seagate Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5962. At the end of 2021 the company had a P/E ratio of 13.9.

P/E ratio history for Seagate Technology from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.9-13.37%
202016.167.91%
20199.5745.26%
20186.59-65.06%
201718.8-15.07%
201622.221.07%
201518.370.9%
201410.7-12.15%
201312.2214.65%
20123.88

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.9 113.62%๐Ÿ‡บ๐Ÿ‡ธ USA
9.49-24.69%๐Ÿ‡บ๐Ÿ‡ธ USA
9.73-22.72%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0 19.46%๐Ÿ‡บ๐Ÿ‡ธ 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.