P/E ratio for Varonis (VRNS)
P/E ratio as of April 2024 (TTM): -44.4
According to Varonis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -44.396. At the end of 2022 the company had a P/E ratio of -21.0.
P/E ratio history for Varonis from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -21.0 | -51.78% |
| 2021 | -43.6 | -20.14% |
| 2020 | -54.5 | 83.17% |
| 2019 | -29.8 | -43.72% |
| 2018 | -52.9 | -38.98% |
| 2017 | -86.7 | 123.21% |
| 2016 | -38.8 | 75.61% |
| 2015 | -22.1 | -19.83% |
| 2014 | -27.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 22.2 | -149.93% | 🇺🇸 USA |
 Splunk SPLK | < -1000 | 2,618.53% | 🇺🇸 USA |
 MicroStrategy MSTR | 144 | -423.75% | 🇺🇸 USA |
 PROS
PRO | -24.6 | -44.62% | 🇺🇸 USA |
 Teradata TDC | 66.0 | -248.62% | 🇺🇸 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.