STMicroelectronics
STM
#494
Rank
$34.11 B
Marketcap
$37.14
Share price
-3.21%
Change (1 day)
-21.89%
Change (1 year)

P/E ratio for STMicroelectronics (STM)

P/E ratio as of November 2022 (TTM): 9.72

According to STMicroelectronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.72251. 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
202122.1-26.71%
202030.230.09%
201923.2139%
20189.71
201659.70.71%
201559.311.17%
201453.4-473.5%
2013-14.3156.51%
2012-5.57

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.79-9.63%๐Ÿ‡บ๐Ÿ‡ธ USA
51.1 425.12%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 83.40%๐Ÿ‡บ๐Ÿ‡ธ USA
45.1 363.44%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2 66.62%๐Ÿ‡ณ๐Ÿ‡ฑ 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.