Desktop Metal
DM
#8280
Rank
A$0.23 B
Marketcap
$6.97
Share price
-1.29%
Change (1 day)
-50.72%
Change (1 year)

P/E ratio for Desktop Metal (DM)

P/E ratio as of November 2024 (TTM): -3.06

According to Desktop Metal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.05705. At the end of 2022 the company had a P/E ratio of -5.79.

P/E ratio history for Desktop Metal from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.79-89.13%
2021-53.2-95.31%
2020< -1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.4-929.44%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2-499.19%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-779.99%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-867.95%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.