Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltdverified

CRDO

Price:

$19.97

Market Cap:

$3.26B

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.[Read more]

Industry

Communication Equipment

IPO Date

2022-01-27

Stock Exchange

NASDAQ

Ticker

CRDO

The PE Ratio as of May 2024 (TTM) for Credo Technology Group Holding Ltd (CRDO) is -86.83

According to Credo Technology Group Holding Ltd’s latest financial reports and current stock price. The company's current PE Ratio is -86.83. This represents a change of -119.72% compared to the average of 440.34 of the last 4 quarters.

Credo Technology Group Holding Ltd (CRDO) Historical PE Ratio (quarterly & annually)

How has CRDO PE Ratio performed in the past?

The mean historical PE Ratio of Credo Technology Group Holding Ltd over the last ten years is 262.92. The current -86.83 PE Ratio has changed -3402.54% with respect to the historical average. Over the past ten years (40 quarters), CRDO's PE Ratio was at its highest in in the January 2024 quarter at 1.91K. The PE Ratio was at its lowest in in the July 2022 quarter at -7974.27.

Quarterly (TTM)
Annual

Average

262.92

Median

-51.64

Minimum

-71.83

Maximum

1.23K

Credo Technology Group Holding Ltd (CRDO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Credo Technology Group Holding Ltd PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 63.22%

Maximum Annual PE Ratio = 1.23K

Minimum Annual Increase = -104.83%

Minimum Annual PE Ratio = -71.83

Quarterly (TTM)
Annual
YearPE RatioChange
2023-71.8363.22%
2022-44.01-25.74%
2021-59.26-104.83%

Credo Technology Group Holding Ltd (CRDO) Average PE Ratio

How has CRDO PE Ratio performed in the past?

The current PE Ratio of Credo Technology Group Holding Ltd (CRDO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-58.37

5-year avg

262.92

10-year avg

262.92

Credo Technology Group Holding Ltd (CRDO) PE Ratio vs. Peers

How is CRDO’s PE Ratio compared to its peers?

Credo Technology Group Holding Ltd’s PE Ratio is less than Zebra Technologies Corporation (64.38), less than Ubiquiti Inc. (25.16), less than Ciena Corporation (31.42), greater than Clearfield, Inc. (-166.19), greater than Viavi Solutions Inc. (-392.37), less than Infinera Corporation (-16.17), less than Applied Optoelectronics, Inc. (-7.64), less than Juniper Networks, Inc. (49.96), less than Cisco Systems, Inc. (15.49), less than Nokia Oyj (24.08), less than Motorola Solutions, Inc. (43.56), less than Lumentum Holdings Inc. (-8.82), greater than Extreme Networks, Inc. (-227.61), less than Actelis Networks, Inc. (-0.34), less than ClearOne, Inc. (-11.16), less than Siyata Mobile Inc. (-0.09), less than Satixfy Communications Ltd. (-6.36), less than Wireless Telecom Group, Inc. (-66.27),

Build a custom stock screener for Credo Technology Group Holding Ltd (CRDO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Credo Technology Group Holding Ltd using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Credo Technology Group Holding Ltd (CRDO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Credo Technology Group Holding Ltd or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Credo Technology Group Holding Ltd's PE Ratio?

How is the PE Ratio calculated for Credo Technology Group Holding Ltd (CRDO)?

What is the highest PE Ratio for Credo Technology Group Holding Ltd (CRDO)?

What is the 3-year average PE Ratio for Credo Technology Group Holding Ltd (CRDO)?

What is the 5-year average PE Ratio for Credo Technology Group Holding Ltd (CRDO)?

How does the current PE Ratio for Credo Technology Group Holding Ltd (CRDO) compare to its historical average?