According to Arcturus Therapeutics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.9604. At the end of 2022 the company had a P/E ratio of 49.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 49.9 | -1143.2% |
2021 | -4.78 | -61.42% |
2020 | -12.4 | 136.03% |
2019 | -5.25 | 150.39% |
2018 | -2.10 | -8.84% |
2017 | -2.30 | -2.49% |
2016 | -2.36 | -66.18% |
2015 | -6.98 | 350.84% |
2014 | -1.55 | -92.14% |
2013 | -19.7 |
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.