P/E ratio for PTC (PTC)

P/E ratio history for PTC from 2001 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
Autodesk ADSK	78.7	-16.32%	🇺🇸 USA
AspenTech AZPN	-151	-260.07%	🇺🇸 USA
Ansys ANSS	63.1	-32.93%	🇺🇸 USA
Oracle ORCL	55.3	-41.19%	🇺🇸 USA
Adobe ADBE	45.8	-51.25%	🇺🇸 USA
IBM IBM	29.2	-68.95%	🇺🇸 USA
General Electric GE	21.1	-77.54%	🇺🇸 USA
Trimble TRMB	53.3	-43.28%	🇺🇸 USA
Synopsys SNPS	83.5	-11.23%	🇺🇸 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.