P/E ratio for National Instruments (NATI)

P/E ratio history for National Instruments from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Danaher DHR	29.4	-32.83%	🇺🇸 USA
Agilent Technologies A	34.9	-20.18%	🇺🇸 USA
Synopsys SNPS	83.3	90.36%	🇺🇸 USA
Ametek AME	35.5	-18.91%	🇺🇸 USA
Teradyne TER	33.2	-24.18%	🇺🇸 USA
Ansys ANSS	62.9	43.78%	🇺🇸 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.