P/E ratio for Splunk (SPLK)
P/E ratio as of April 2024 (TTM): < -1000
According to Splunk's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1206.92. At the end of 2022 the company had a P/E ratio of -20.1.
P/E ratio history for Splunk from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.1 | 43.05% |
| 2021 | -14.1 | -58.7% |
| 2020 | -34.0 | -52.72% |
| 2019 | -72.0 | 16.06% |
| 2018 | -62.0 | 67.01% |
| 2017 | -37.1 | 97.54% |
| 2016 | -18.8 | -34.45% |
| 2015 | -28.7 | -20.19% |
| 2014 | -35.9 | -73.3% |
| 2013 | -135 | 286.86% |
| 2012 | -34.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 23.8 | -101.97% | 🇺🇸 USA |
 Varonis VRNS | -42.8 | -96.46% | 🇺🇸 USA |
 MicroStrategy MSTR | 140 | -111.60% | 🇺🇸 USA |
 Teradata TDC | 64.5 | -105.34% | 🇺🇸 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.