P/E ratio for Teradyne (TER)
P/E ratio as of June 2023 (TTM): 25.4
According to Teradyne's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.4458. At the end of 2021 the company had a P/E ratio of 26.5.
P/E ratio history for Teradyne from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 26.5 | 4.18% |
| 2020 | 25.4 | 5.04% |
| 2019 | 24.2 | 87.25% |
| 2018 | 12.9 | -60.21% |
| 2017 | 32.5 | -126.83% |
| 2016 | -121 | -665.78% |
| 2015 | 21.4 | -51.95% |
| 2014 | 44.5 | 117.15% |
| 2013 | 20.5 | 40.71% |
| 2012 | 14.6 | 110.45% |
| 2011 | 6.92 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 26.5 | 4.32% | 🇺🇸 USA |
 Cohu COHU | 20.3 | -20.37% | 🇺🇸 USA |
 Aehr Test Systems AEHR | 79.5 | 212.28% | 🇺🇸 USA |
 National Instruments
NATI | 54.5 | 114.07% | 🇺🇸 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.