P/E ratio for NETGEAR (NTGR)

P/E ratio history for NETGEAR from 2003 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
HP HPQ	12.8	-291.15%	🇺🇸 USA
Apple AAPL	37.7	-661.21%	🇺🇸 USA
Western Digital WDC	-6.14	-8.70%	🇺🇸 USA
Fortinet FTNT	72.5	-1,178.25%	🇺🇸 USA
Cisco CSCO	20.5	-405.64%	🇺🇸 USA
ADTRAN ADTN	-11.2	67.13%	🇺🇸 USA
Motorola Solutions MSI	42.0	-725.16%	🇺🇸 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.