Ocular Therapeutix
OCUL
#5012
Rank
A$2.13 B
Marketcap
$13.61
Share price
0.59%
Change (1 day)
123.94%
Change (1 year)

P/E ratio for Ocular Therapeutix (OCUL)

P/E ratio as of December 2024 (TTM): -7.39

According to Ocular Therapeutix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.38793. At the end of 2022 the company had a P/E ratio of -3.09.

P/E ratio history for Ocular Therapeutix from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.09-96.01%
2021-77.4816.61%
2020-8.45308.55%
2019-2.07-18.42%
2018-2.5425.33%
2017-2.02-56.26%
2016-4.62-16.1%
2015-5.5126.55%
2014-4.36

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-12.7 72.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.9 47.39%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6-500.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.1 226.74%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.