Reason: Went private after bankruptcy
Last recorded trade on: October 15, 2024
Source: https://www.investing.com/news/company-news/calamp-to-go-private-after-bankruptcy-plan-confirmed-93CH-3523899
P/E ratio for CalAmp (CAMP)
P/E ratio on October 15, 2024 (TTM): -0.7018
According to CalAmp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.701754. At the end of 2022 the company had a P/E ratio of -4.77.
P/E ratio history for CalAmp from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.77 | -46.67% |
| 2021 | -8.94 | 172.97% |
| 2020 | -3.27 | -87.36% |
| 2019 | -25.9 | -113.93% |
| 2018 | 186 | 333.64% |
| 2017 | 42.9 | -85.22% |
| 2016 | 290 | 627.55% |
| 2015 | 39.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Comtech Telecommunications CMTL | -0.2723 | -61.19% | 🇺🇸 USA |
 Sierra Wireless
SWIR | -54.4 | 7,647.50% | 🇨🇦 Canada |
 Aviat Networks AVNW | -116 | 16,415.05% | 🇺🇸 USA |
 Motorola Solutions
MSI | 33.3 | -4,847.29% | 🇺🇸 USA |
 Ceragon Networks CRNT | 10.2 | -1,550.91% | 🇮🇱 Israel |
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.