P/E ratio for Xerox (XRX)
P/E ratio as of April 2024 (TTM): 13.4
According to Xerox's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4393. At the end of 2022 the company had a P/E ratio of -6.79.
P/E ratio history for Xerox from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -6.79 | -14.82% |
| 2021 | -7.97 | -129.56% |
| 2020 | 27.0 | 348.32% |
| 2019 | 6.01 | -57.39% |
| 2018 | 14.1 | -70.46% |
| 2017 | 47.8 | 332.09% |
| 2016 | 11.1 | -28.93% |
| 2015 | 15.6 | 38.05% |
| 2014 | 11.3 | 32.16% |
| 2013 | 8.53 | 70.85% |
| 2012 | 4.99 | -12.42% |
| 2011 | 5.70 | -68.46% |
| 2010 | 18.1 | 81.56% |
| 2009 | 9.95 | -48.82% |
| 2008 | 19.4 | 120.61% |
| 2007 | 8.81 | -2.12% |
| 2006 | 9.00 | -10.43% |
| 2005 | 10.1 | -14.77% |
| 2004 | 11.8 | -50.7% |
| 2003 | 23.9 | -84.74% |
| 2002 | 157 | -1013.47% |
| 2001 | -17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 24.2 | 79.77% | 🇺🇸 USA |
 HP HPQ | 12.0 | -10.57% | 🇺🇸 USA |
 Accenture ACN | 28.8 | 114.04% | 🇮🇪 Ireland |
 Pitney Bowes PBI | -4.82 | -135.85% | 🇺🇸 USA |
 Canon 7751.T | 14.9 | 10.68% | 🇯🇵 Japan |
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.