SiTime
SITM
#3588
Rank
$2.23 B
Marketcap
$104.18
Share price
-1.21%
Change (1 day)
-65.55%
Change (1 year)

P/E ratio for SiTime (SITM)

P/E ratio as of December 2022 (TTM): 48.2

According to SiTime's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.2315. At the end of 2021 the company had a P/E ratio of 179.

P/E ratio history for SiTime from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021179-199.41%
2020-181223.04%
2019-55.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.8-48.51%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-77.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-81.5-269.06%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.