P/E ratio for Adicet Bio (ACET)

P/E ratio history for Adicet Bio from 2020 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Quaker Houghton KWR	356	-100,923.89%	🇺🇸 USA
Merck MRK	53.6	-15,259.52%	🇺🇸 USA
Pfizer PFE	13.4	-3,876.44%	🇺🇸 USA
Teva Pharmaceutical Industries TEVA	-8.27	2,239.73%	🇮🇱 Israel
Novartis NVS	27.6	-7,893.03%	🇨🇭 Switzerland
Hawkins HWKN	38.3	-10,928.39%	🇺🇸 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.