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	71.9	-19.12%	🇺🇸 USA
AspenTech AZPN	-152	-271.45%	🇺🇸 USA
Ansys ANSS	60.9	-31.46%	🇺🇸 USA
Oracle ORCL	47.7	-46.26%	🇺🇸 USA
Adobe ADBE	38.7	-56.48%	🇺🇸 USA
IBM IBM	29.2	-67.12%	🇺🇸 USA
General Electric GE	20.2	-77.30%	🇺🇸 USA
Trimble TRMB	52.7	-40.73%	🇺🇸 USA
Synopsys SNPS	73.9	-16.83%	🇺🇸 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.