P/E ratio for RingCentral (RNG)

P/E ratio history for RingCentral from 2013 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
J2 Global JCOM	N/A	N/A	🇺🇸 USA
8x8 EGHT	-3.50	-5.54%	🇺🇸 USA
Amazon AMZN	39.0	-1,153.26%	🇺🇸 USA
Akamai AKAM	26.7	-819.71%	🇺🇸 USA
AT&T T	-18.0	385.63%	🇺🇸 USA
Microsoft MSFT	33.4	-1,001.89%	🇺🇸 USA
Cisco CSCO	18.2	-591.66%	🇺🇸 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.