P/E ratio for Semtech (SMTC)
P/E ratio as of April 2024 (TTM): -4.71
According to Semtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.7147. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for Semtech from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | -77% |
| 2021 | 54.2 | -45.84% |
| 2020 | 100 | 19.24% |
| 2019 | 84.0 | 33.63% |
| 2018 | 62.8 | 26.77% |
| 2017 | 49.6 | 16.25% |
| 2016 | 42.6 | -117.32% |
| 2015 | -246 | 2104.88% |
| 2014 | -11.2 | -138.85% |
| 2013 | 28.7 | -38.48% |
| 2012 | 46.7 | 197.24% |
| 2011 | 15.7 | -36.17% |
| 2010 | 24.6 | -105.79% |
| 2009 | -425 | -2892.24% |
| 2008 | 15.2 | -46.03% |
| 2007 | 28.2 | 18.75% |
| 2006 | 23.8 | -36.23% |
| 2005 | 37.3 | 36.5% |
| 2004 | 27.3 | -67.61% |
| 2003 | 84.3 | 339.2% |
| 2002 | 19.2 | -70.96% |
| 2001 | 66.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Texas Instruments TXN | 21.3 | -550.77% | 🇺🇸 USA |
 Analog Devices ADI | 25.6 | -643.95% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 Microchip Technology MCHP | 18.6 | -494.30% | 🇺🇸 USA |
 Silicon Labs
SLAB | 65.5 | -1,488.38% | 🇺🇸 USA |
 Monolithic Power Systems MPWR | 68.1 | -1,545.22% | 🇺🇸 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.