OpGen
OPGN
#9299
Rank
A$25.31 M
Marketcap
$3.03
Share price
1.00%
Change (1 day)
-11.10%
Change (1 year)

P/E ratio for OpGen (OPGN)

P/E ratio as of September 2024 (TTM): -0.1851

According to OpGen 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.185062. At the end of 2022 the company had a P/E ratio of -1.84.

P/E ratio history for OpGen from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.84-77.9%
2021-8.33-28.1%
2020-11.61516.57%
2019-0.7170-87.18%
2018-5.6038.23%
2017-4.05-58.82%
2016-9.83-21.24%
2015-12.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.20 549.64%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.55 1,278.71%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.