Adicet Bio
ACET
#5676
Rank
$0.39 B
Marketcap
$9.15
Share price
5.29%
Change (1 day)
-27.50%
Change (1 year)

P/E ratio for Adicet Bio (ACET)

P/E ratio as of January 2023 (TTM): -6.33

According to Adicet Bio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.33333. At the end of 2021 the company had a P/E ratio of -8.45.

P/E ratio history for Adicet Bio from 2020 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-8.45138.18%
2020-3.55

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.14-244.33%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
8.17-229.05%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-378.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.11 43.86%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
13.9-319.70%๐Ÿ‡บ๐Ÿ‡ธ USA
44.8-807.63%๐Ÿ‡บ๐Ÿ‡ธ 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.