VeriSign
VRSN
#1093
Rank
$17.05 B
Marketcap
$171.23
Share price
0.85%
Change (1 day)
-23.19%
Change (1 year)

P/E ratio for VeriSign (VRSN)

P/E ratio as of May 2024 (TTM): 24.4

According to VeriSign's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.433. At the end of 2022 the company had a P/E ratio of 32.9.

P/E ratio history for VeriSign from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202232.9-9.09%
202136.217.96%
202030.7-17.76%
201937.329.43%
201828.814.73%
201725.135.92%
201618.5-30.47%
201526.629.97%
201420.431.58%
201315.5-18.4%
201219.0-53.12%
201140.6497.62%
20106.79-64.13%
200918.9-291.56%
2008-9.89-83.18%
2007-58.8-478.74%
200615.515.49%
200513.4-75.61%
200455.1-505.51%
2003-13.63449.96%
2002-0.3826-34.01%
2001-0.5799

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-11.2-145.93%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-10.28%๐Ÿ‡บ๐Ÿ‡ธ USA
31.7 29.66%๐Ÿ‡บ๐Ÿ‡ธ USA
8.05-67.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.80-111.44%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.