Ceragon Networks Ltd. (CRNT) P/E Ratio History
Deep ValueTrading at -115.9x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2007–2025
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P/E Ratio Analysis
As of June 19, 2026, Ceragon Networks Ltd. (CRNT) trades at a price-to-earnings ratio of -115.9x, with a stock price of $2.70 and trailing twelve-month earnings per share of $-0.03.
The current P/E is 363% below its 5-year average of 44.1x. Over the past five years, CRNT's P/E has ranged from a low of 9.1x to a high of 403.8x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 29.0x, CRNT trades at a 499% discount to its sector peers. The sector includes 352 companies with P/E ratios ranging from 0.0x to 187.7x.
Relative to the broader market, CRNT trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CRNT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CRNT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CRNT P/E vs Peers
Wireless Access and Backhaul Equipment peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $259M | 200.4 | 5.97 | -88% | |
| $842M | 38.8 | - | -23% | |
| $61B | 503.8 | - | +47% | |
| $2B | 146.0 | - | +158% | |
| $11B | 314.5 | 68.90 | +225% | |
| $2B | 16.5Lowest | 2.58Best | +331%Best | |
| $471B | 46.9 | - | +0% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CRNT Historical P/E Data (2007–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | - | $2.33 | $0.02 | 143.8x | +278% |
| FY2025 Q2 | Jun 30 2025 | $2.46 | $0.16 | 15.8x | -58% |
| FY2025 Q1 | Mar 31 2025 | $2.35 | $0.26 | 9.1x | -76% |
| FY2024 Q4 | - | $4.67 | $0.27 | 17.1x | -55% |
| FY2024 Q3 | Sep 30 2024 | $2.74 | $0.22 | 12.5x | -67% |
| FY2024 Q2 | Jun 30 2024 | $2.50 | $0.12 | 21.0x | -45% |
| FY2024 Q1 | Mar 31 2024 | $3.20 | $0.05 | 58.8x | +55% |
| FY2023 Q4 | Dec 31 2023 | $2.16 | $0.07 | 29.6x | -22% |
| FY2023 Q3 | Sep 30 2023 | $2.05 | $0.05 | 37.4x | -2% |
| FY2023 Q2 | Jun 30 2023 | $2.10 | $0.01 | 403.8x | +963% |
| FY2019 Q3 | Sep 30 2019 | $2.69 | $0.16 | 16.6x | -56% |
| FY2019 Q2 | Jun 30 2019 | $2.93 | $0.24 | 12.2x | -68% |
| FY2019 Q1 | Mar 31 2019 | $3.59 | $0.27 | 13.3x | -65% |
| FY2018 Q4 | Dec 31 2018 | $3.78 | $0.29 | 13.0x | -66% |
| FY2018 Q3 | Sep 30 2018 | $3.37 | $0.24 | 14.0x | -63% |
| FY2018 Q2 | Jun 30 2018 | $3.57 | $0.20 | 17.9x | -53% |
| FY2018 Q1 | Mar 31 2018 | $2.69 | $0.22 | 12.2x | -68% |
| FY2017 Q4 | Dec 31 2017 | $1.98 | $0.19 | 10.5x | -72% |
| FY2017 Q3 | Sep 30 2017 | $2.08 | $0.20 | 10.5x | -72% |
| FY2017 Q2 | Jun 30 2017 | $2.55 | $0.20 | 12.9x | -66% |
| FY2017 Q1 | Mar 31 2017 | $3.27 | $0.14 | 23.5x | -38% |
| FY2016 Q4 | Dec 31 2016 | $2.62 | $0.14 | 19.4x | -49% |
| FY2016 Q3 | Sep 30 2016 | $2.36 | $0.10 | 22.5x | -41% |
| FY2016 Q2 | - | $1.62 | $0.09 | 19.1x | -50% |
| FY2016 Q1 | - | $1.27 | $0.10 | 12.2x | -68% |
| FY2015 Q4 | - | $1.21 | $0.02 | 62.7x | +65% |
| FY2010 Q4 | Dec 31 2010 | $13.18 | $0.39 | 33.8x | -11% |
| FY2010 Q3 | - | $9.89 | $0.34 | 28.9x | -24% |
| FY2010 Q2 | Jun 30 2010 | $7.40 | $0.24 | 30.6x | -19% |
| FY2010 Q1 | Mar 31 2010 | $10.92 | $0.18 | 60.1x | +58% |
| FY2009 Q4 | - | $11.74 | $0.11 | 105.1x | +177% |
| FY2009 Q3 | Sep 30 2009 | $8.46 | $0.13 | 65.7x | +73% |
| FY2009 Q2 | - | $6.63 | $0.19 | 35.1x | -8% |
| FY2009 Q1 | - | $4.25 | $0.58 | 7.3x | -81% |
| FY2008 Q4 | Dec 31 2008 | $5.05 | $0.68 | 7.4x | -80% |
| FY2008 Q3 | - | $7.39 | $0.72 | 10.3x | -73% |
| FY2008 Q2 | Jun 30 2008 | $7.74 | $0.74 | 10.5x | -72% |
| FY2008 Q1 | Mar 31 2008 | $9.45 | $0.43 | 22.0x | -42% |
| FY2007 Q4 | Dec 31 2007 | $9.89 | $0.41 | 24.1x | -37% |
Average P/E for displayed period: 38.0x
Intrinsic Valuation
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Historical Returns
19+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CRNT — Frequently Asked Questions
Quick answers to the most common questions about buying CRNT stock.
What is CRNT's P/E ratio?
Ceragon Networks Ltd. (CRNT) trailing twelve-month P/E ratio is -115.9x, based on TTM diluted EPS of $-0.03. The 5-year average P/E is 44.1x and the historical range spans 9.1x to 403.8x.
Is CRNT stock overvalued or undervalued?
CRNT trades at -115.9x P/E, below its 5-year average of 44.1x. At the 0th percentile of its historical range (9.1x–403.8x), the stock is priced at a discount to its own history.
Is CRNT stock expensive?
No, CRNT is not expensive on a historical basis. The current P/E of -115.9x is below the 5-year average of 44.1x and sits at the 0th percentile of its valuation range.
What is CRNT's historical P/E range?
Over the past 5 years, CRNT's P/E ratio has ranged from 9.1x to 403.8x, with a median of 15.8x and an average of 44.1x. The current P/E of -115.9x places the stock at the 0th percentile of this range. Full historical data spans 2007–2025.
How does CRNT's P/E compare to the S&P 500?
CRNT trades at -115.9x P/E versus the S&P 500 median of 24.4x. The 575% discount to the market suggests lower growth expectations or perceived higher risk.
How does CRNT's valuation compare to Technology peers?
Ceragon Networks Ltd. P/E of -115.9x compares to the Technology sector median of 29.0x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CRNT's PEG ratio?
CRNT PEG ratio is N/A, based on a P/E of -115.9x and EPS growth of -108.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is CRNT's earnings yield?
CRNT earnings yield is N/A, the inverse of its -115.9x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.