SMART Global Holdings
SGH
#4718
Rank
$1.36 B
Marketcap
$26.32
Share price
-0.60%
Change (1 day)
70.36%
Change (1 year)

P/E ratio for SMART Global Holdings (SGH)

P/E ratio as of March 2024 (TTM): -48.7

According to SMART Global Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -48.7407. At the end of 2022 the company had a P/E ratio of 14.3.

P/E ratio history for SMART Global Holdings from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.3-67.55%
202144.1-100.59%
2020< -1000-17754.56%
201942.6735.36%
20185.10-85.66%
201735.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.3-192.91%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-130.11%๐Ÿ‡บ๐Ÿ‡ธ USA
140-387.83%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.