Comtech Telecommunications
CMTL
#9035
Rank
HK$0.57 B
Marketcap
HK$19.76
Share price
-0.39%
Change (1 day)
-78.87%
Change (1 year)

P/E ratio for Comtech Telecommunications (CMTL)

P/E ratio as of November 2024 (TTM): -1.98

According to Comtech Telecommunications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.98438. At the end of 2022 the company had a P/E ratio of -7.27.

P/E ratio history for Comtech Telecommunications from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-7.27-101.53%
2021474-7794.38%
2020-6.16-119.95%
201930.983.85%
201816.8-46.12%
201731.2-286.67%
2016-16.7-200.52%
201516.6-16.77%
201419.9-40.49%
201333.595.47%
201217.128.82%
201113.330.91%
201010.2-61.98%
200926.7102.57%
200813.2-27.88%
200718.3-5.74%
200619.419.11%
200516.3-29.76%
200423.2-3.77%
200324.1-68.7%
200277.1372.37%
200116.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.6117-130.82%๐Ÿ‡บ๐Ÿ‡ธ USA
56.5-2,947.24%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
2.86-244.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.7018-64.64%๐Ÿ‡บ๐Ÿ‡ธ USA
25.9-1,402.85%๐Ÿ‡บ๐Ÿ‡ธ 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.