Nano-X Imaging
NNOX
#7152
Rank
A$0.54 B
Marketcap
$9.26
Share price
2.18%
Change (1 day)
9.54%
Change (1 year)

P/E ratio for Nano-X Imaging (NNOX)

P/E ratio as of November 2024 (TTM): -3.44

According to Nano-X Imaging's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.44286. At the end of 2022 the company had a P/E ratio of -3.65.

P/E ratio history for Nano-X Imaging from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.65-68.09%
2021-11.4-72.15%
2020-41.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.0431-98.75%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-662.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.44 0.00%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.