P/E ratio for Zendesk (ZEN)
P/E ratio as of June 2023 (TTM): -33.5
According to Zendesk's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.5411. At the end of 2021 the company had a P/E ratio of -55.8.
P/E ratio history for Zendesk from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -55.8 | -26.35% |
| 2020 | -75.7 | 52.18% |
| 2019 | -49.8 | 5.71% |
| 2018 | -47.1 | 54.4% |
| 2017 | -30.5 | 59.62% |
| 2016 | -19.1 | -28.49% |
| 2015 | -26.7 | 26.03% |
| 2014 | -21.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oracle ORCL | 33.8 | -200.86% | 🇺🇸 USA |
 ServiceNow NOW | 278 | -929.62% | 🇺🇸 USA |
 Salesforce CRM | 761 | -2,368.32% | 🇺🇸 USA |
 Verint Systems
VRNT | -375 | 1,018.63% | 🇺🇸 USA |
 ServiceSource SREV | N/A | N/A | 🇺🇸 USA |
 NICE NICE | 49.5 | -247.71% | 🇮🇱 Israel |
 LivePerson LPSN | -1.27 | -96.21% | 🇺🇸 USA |
 Five9 FIVN | -56.7 | 69.05% | 🇺🇸 USA |
 eGain EGAN | -97.9 | 191.88% | 🇺🇸 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.