P/E ratio for Silicon Motion (SIMO)
P/E ratio as of April 2024 (TTM): 28.0
According to Silicon Motion 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9902. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for Silicon Motion from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | -24.25% |
| 2021 | 16.6 | -21.63% |
| 2020 | 21.1 | -23.62% |
| 2019 | 27.7 | 123.07% |
| 2018 | 12.4 | -50.74% |
| 2017 | 25.2 | 86.52% |
| 2016 | 13.5 | -24.81% |
| 2015 | 17.9 | -0.36% |
| 2014 | 18.0 | 5.47% |
| 2013 | 17.1 | 75.61% |
| 2012 | 9.73 | 101.94% |
| 2011 | 4.82 | -123.08% |
| 2010 | -20.9 | 1489.58% |
| 2009 | -1.31 | -116.84% |
| 2008 | 7.80 | -44.13% |
| 2007 | 14.0 | -20.74% |
| 2006 | 17.6 | -6.73% |
| 2005 | 18.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 TSMC TSM | 22.3 | -20.49% | 🇹🇼 Taiwan |
 Intel INTC | -89.2 | -418.68% | 🇺🇸 USA |
 Marvell Technology Group MRVL | -151 | -639.80% | 🇺🇸 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.