Glaukos
GKOS
#1929
Rank
A$13.36 B
Marketcap
$242.45
Share price
1.93%
Change (1 day)
106.89%
Change (1 year)

P/E ratio for Glaukos (GKOS)

P/E ratio as of December 2024 (TTM): -56.2

According to Glaukos's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -56.2156. At the end of 2022 the company had a P/E ratio of -20.9.

P/E ratio history for Glaukos from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-20.9-49.21%
2021-41.149.26%
2020-27.6-117.21%
2019160-205.53%
2018-152-100%
2017< -1000-1.4439626312011E+18%
2016256-11632.49%
2015-2.22

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-77.7 38.16%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-132.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-56.5 0.47%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.