Intellia Therapeutics
NTLA
#4597
Rank
A$2.58 B
Marketcap
$25.41
Share price
4.56%
Change (1 day)
-35.25%
Change (1 year)

P/E ratio for Intellia Therapeutics (NTLA)

P/E ratio as of November 2024 (TTM): -3.08

According to Intellia Therapeutics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.07601. At the end of 2022 the company had a P/E ratio of -5.65.

P/E ratio history for Intellia Therapeutics from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.65-82.05%
2021-31.438.74%
2020-22.7227.56%
2019-6.920.88%
2018-6.86-33.62%
2017-10.3-14.47%
2016-12.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.64 50.77%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.