STMicroelectronics
STM

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
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
15.0 16.21%๐Ÿ‡บ๐Ÿ‡ธ USA
111 764.06%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5 43.63%๐Ÿ‡บ๐Ÿ‡ธ USA
28.0 117.52%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
17.4 35.17%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.