P/E ratio for Adaptive Biotechnologies (ADPT)
P/E ratio as of April 2024 (TTM): -1.96
According to Adaptive Biotechnologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.96241. At the end of 2022 the company had a P/E ratio of -5.42.
P/E ratio history for Adaptive Biotechnologies from 2019 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.42 | -71.61% |
| 2021 | -19.1 | -64.17% |
| 2020 | -53.3 | 196.28% |
| 2019 | -18.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 HCA Healthcare HCA | 15.1 | -871.33% | 🇺🇸 USA |
 Premier PINC | 13.5 | -788.59% | 🇺🇸 USA |
 Community Health Systems
CYH | 1.78 | -190.50% | 🇺🇸 USA |
 Select Medical Holdings SEM | 17.1 | -972.33% | 🇺🇸 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.