P/E ratio for Universal Electronics (UEIC)
P/E ratio as of April 2024 (TTM): -1.87
According to Universal Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.87299. At the end of 2022 the company had a P/E ratio of 520.
P/E ratio history for Universal Electronics from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 520 | 359.61% |
| 2021 | 113 | 497.69% |
| 2020 | 18.9 | -90.94% |
| 2019 | 209 | 594.59% |
| 2018 | 30.1 | -146.5% |
| 2017 | -64.7 | -241.38% |
| 2016 | 45.8 | 72.07% |
| 2015 | 26.6 | -15.72% |
| 2014 | 31.6 | 25.08% |
| 2013 | 25.2 | 44.78% |
| 2012 | 17.4 | 39.5% |
| 2011 | 12.5 | -51.55% |
| 2010 | 25.8 | 18.85% |
| 2009 | 21.7 | 51.18% |
| 2008 | 14.4 | -39.91% |
| 2007 | 23.9 | 12.5% |
| 2006 | 21.2 | -11.28% |
| 2005 | 23.9 | -8.9% |
| 2004 | 26.3 | -5.15% |
| 2003 | 27.7 | 22.27% |
| 2002 | 22.7 | 7.93% |
| 2001 | 21.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Voxx International
VOXX | -4.62 | 146.88% | 🇺🇸 USA |
 Logitech LOGI | 33.2 | -1,874.62% | 🇨🇭 Switzerland |
 Koss KOSS | -11.1 | 492.38% | 🇺🇸 USA |
 Philips PHG | -37.4 | 1,899.22% | 🇳🇱 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.