P/E ratio for PolyNovo (PNV.AX)
P/E ratio at the end of 2022: < -1000
According to PolyNovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1178.65. At the end of 2022 the company had a P/E ratio of < -1000.
P/E ratio history for PolyNovo from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | < -1000 | 104.2% |
| 2021 | -554 | -6.38% |
| 2020 | -591 | 31.58% |
| 2019 | -449 | 490.41% |
| 2018 | -76.1 | 160.31% |
| 2017 | -29.2 | -47.91% |
| 2016 | -56.1 | 55.27% |
| 2015 | -36.2 | 130.23% |
| 2014 | -15.7 | -11.93% |
| 2013 | -17.8 | 137.36% |
| 2012 | -7.51 | 2.24% |
| 2011 | -7.35 | 43.43% |
| 2010 | -5.12 | -6.68% |
| 2009 | -5.49 | 81.04% |
| 2008 | -3.03 | -8.37% |
| 2007 | -3.31 | -72.77% |
| 2006 | -12.2 | -38.09% |
| 2005 | -19.6 | -39.72% |
| 2004 | -32.6 | 57.98% |
| 2003 | -20.6 | -27.66% |
| 2002 | -28.5 | -16.05% |
| 2001 | -33.9 |
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.