Fate Therapeutics
FATE
#6664
Rank
A$0.68 B
Marketcap
$6.00
Share price
3.09%
Change (1 day)
66.21%
Change (1 year)

P/E ratio for Fate Therapeutics (FATE)

P/E ratio as of September 2024 (TTM): -1.84

According to Fate Therapeutics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.84332. At the end of 2022 the company had a P/E ratio of -3.47.

P/E ratio history for Fate Therapeutics from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.47-86.78%
2021-26.2-39.98%
2020-43.7219.44%
2019-13.728%
2018-10.778.49%
2017-5.99152.97%
2016-2.37-14.98%
2015-2.79-30.23%
2014-3.99-18.2%
2013-4.88

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-16.2 780.61%๐Ÿ‡บ๐Ÿ‡ธ USA
42.3-2,393.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.18 126.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.7 698.87%๐Ÿ‡บ๐Ÿ‡ธ USA
61.5-3,434.16%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.