P/E ratio for Smith Micro Software (SMSI)
P/E ratio as of May 2024 (TTM): -5.82
According to Smith Micro Software 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.81818. At the end of 2022 the company had a P/E ratio of -4.04.
P/E ratio history for Smith Micro Software from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.04 | -52.39% |
| 2021 | -8.48 | -114.7% |
| 2020 | 57.7 | 350.27% |
| 2019 | 12.8 | -249.57% |
| 2018 | -8.57 | 72.03% |
| 2017 | -4.98 | 284% |
| 2016 | -1.30 | -89.3% |
| 2015 | -12.1 | 294.22% |
| 2014 | -3.07 | 55.83% |
| 2013 | -1.97 | -6.6% |
| 2012 | -2.11 | 733.85% |
| 2011 | -0.2534 | -100.6% |
| 2010 | 42.5 | -30.26% |
| 2009 | 61.0 | -121.94% |
| 2008 | -278 | -493.86% |
| 2007 | 70.6 | 89.02% |
| 2006 | 37.3 | 40.43% |
| 2005 | 26.6 | -40.58% |
| 2004 | 44.7 | -234.92% |
| 2003 | -33.2 | 260.51% |
| 2002 | -9.20 | 241.71% |
| 2001 | -2.69 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 35.7 | -713.26% | 🇺🇸 USA |
 Apple AAPL | 28.1 | -583.46% | 🇺🇸 USA |
 Adobe ADBE | 44.3 | -860.86% | 🇺🇸 USA |
 Autodesk ADSK | 53.2 | -1,015.12% | 🇺🇸 USA |
 Amdocs DOX | 18.1 | -410.66% | 🇺🇸 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.