Organovo
ONVO
#9909
Rank
A$9.45 M
Marketcap
$0.62
Share price
14.32%
Change (1 day)
-65.81%
Change (1 year)

P/E ratio for Organovo (ONVO)

P/E ratio as of November 2024 (TTM): -0.1789

According to Organovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.178883. At the end of 2022 the company had a P/E ratio of -1.05.

P/E ratio history for Organovo from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.05-59.71%
2021-2.61-46.28%
2020-4.86156.59%
2019-1.89-50.66%
2018-3.843.16%
2017-3.72-59.31%
2016-9.1557.96%
2015-5.79-71.25%
2014-20.1-3.58%
2013-20.9920.24%
2012-2.05

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
127-70,913.88%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3-10,870.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.37 1,785.97%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.57 5,247.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.6 8,061.76%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
21.1-11,905.54%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.