Adicet Bio
ACET
#8654
Rank
A$0.16 B
Marketcap
$1.99
Share price
-1.50%
Change (1 day)
1.25%
Change (1 year)

P/E ratio for Adicet Bio (ACET)

P/E ratio as of November 2024 (TTM): -0.4871

According to Adicet Bio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.487132. At the end of 2022 the company had a P/E ratio of -5.29.

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

PE ratio at the end of each year

Year P/E ratio Change
2022-5.29-37.39%
2021-8.45138.18%
2020-3.55

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
362-74,339.22%๐Ÿ‡บ๐Ÿ‡ธ USA
56.6-11,720.48%๐Ÿ‡บ๐Ÿ‡ธ USA
14.5-3,068.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.58 1,661.84%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
28.4-5,939.03%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
37.8-7,856.11%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.