P/E ratio for Artivion (AORT)
P/E ratio as of May 2024 (TTM): -28.0
According to Artivion's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.0286. At the end of 2022 the company had a P/E ratio of -25.3.
P/E ratio history for Artivion from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -25.3 | -52.85% |
| 2021 | -53.6 | 2.07% |
| 2020 | -52.5 | -108.99% |
| 2019 | 583 | -326.15% |
| 2018 | -258 | -248.2% |
| 2017 | 174 | 200% |
| 2016 | 58.0 | -24.64% |
| 2015 | 77.0 | 76.7% |
| 2014 | 43.6 | 127.9% |
| 2013 | 19.1 | -7.93% |
| 2012 | 20.8 | 12.49% |
| 2011 | 18.5 | -55.72% |
| 2010 | 41.7 | 107.81% |
| 2009 | 20.1 | 137.61% |
| 2008 | 8.44 | -73.45% |
| 2007 | 31.8 | -108.31% |
| 2006 | -383 | 9634.28% |
| 2005 | -3.93 | -54.98% |
| 2004 | -8.73 | 147.66% |
| 2003 | -3.52 | -26.73% |
| 2002 | -4.81 | -107.86% |
| 2001 | 61.2 |
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.