Desktop Metal
DM
#8373
Rank
A$0.22 B
Marketcap
$6.75
Share price
1.38%
Change (1 day)
-41.04%
Change (1 year)

P/E ratio for Desktop Metal (DM)

P/E ratio as of November 2024 (TTM): -2.95

According to Desktop Metal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.95302. 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
26.8-1,007.18%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-542.23%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6-832.01%๐Ÿ‡บ๐Ÿ‡ธ USA
24.5-929.13%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.