EPAM Systems
EPAM
#1553
Rank
$11.21 B
Marketcap
$197.00
Share price
-0.54%
Change (1 day)
-26.22%
Change (1 year)
EPAM Systems, Inc., also known as EPAM, is a global provider of software engineering and IT consulting services.

P/E ratio for EPAM Systems (EPAM)

P/E ratio as of September 2024 (TTM): 23.8

According to EPAM Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7966. At the end of 2022 the company had a P/E ratio of 44.8.

P/E ratio history for EPAM Systems from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202244.8-42.93%
202178.528.74%
202060.936.73%
201944.672.12%
201825.9-66.01%
201776.2133.4%
201632.6-27.75%
201545.239.1%
201432.525.51%
201325.984.46%
201214.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.3-23.11%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6 3.56%๐Ÿ‡ฎ๐Ÿ‡ณ India
28.4 19.50%๐Ÿ‡บ๐Ÿ‡ธ USA
31.6 32.75%๐Ÿ‡ฎ๐Ÿ‡ณ India
37.7 58.43%๐Ÿ‡บ๐Ÿ‡ธ USA
30.7 29.16%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

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.