P/E ratio for STMicroelectronics (STM)
P/E ratio as of March 2023 (TTM): 12.9
According to STMicroelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8901. At the end of 2021 the company had a P/E ratio of 22.1.
P/E ratio history for STMicroelectronics from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.1 | -26.71% |
| 2020 | 30.2 | 30.09% |
| 2019 | 23.2 | 139% |
| 2018 | 9.71 | |
| 2016 | 59.7 | 0.71% |
| 2015 | 59.3 | 11.17% |
| 2014 | 53.4 | -473.5% |
| 2013 | -14.3 | 156.51% |
| 2012 | -5.57 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Intel INTC | 15.0 | 16.21% | 🇺🇸 USA |
 NVIDIA NVDA | 111 | 764.06% | 🇺🇸 USA |
 Texas Instruments TXN | 18.5 | 43.63% | 🇺🇸 USA |
 Analog Devices ADI | 28.0 | 117.52% | 🇺🇸 USA |
 Maxim Integrated
MXIM | N/A | N/A | 🇺🇸 USA |
 NXP Semiconductors NXPI | 17.4 | 35.17% | 🇳🇱 Netherlands |
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.