P/E ratio for Ubiquiti (UI)
P/E ratio as of April 2024 (TTM): 16.0
According to Ubiquiti's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0015. At the end of 2022 the company had a P/E ratio of 47.6.
P/E ratio history for Ubiquiti from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.6 | 32.77% |
| 2021 | 35.8 | 3.56% |
| 2020 | 34.6 | -8.1% |
| 2019 | 37.6 | 71.92% |
| 2018 | 21.9 | -43.89% |
| 2017 | 39.0 | 99.16% |
| 2016 | 19.6 | 6.34% |
| 2015 | 18.4 | 25.56% |
| 2014 | 14.7 | -51.79% |
| 2013 | 30.4 | 138.18% |
| 2012 | 12.8 | -155.67% |
| 2011 | -23.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Qorvo
QRVO | -109 | -778.20% | 🇺🇸 USA |
 QUALCOMM QCOM | 25.0 | 55.94% | 🇺🇸 USA |
 EchoStar SATS | 10.9 | -32.10% | 🇺🇸 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.