According to Talphera's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.219776. At the end of 2022 the company had a P/E ratio of 0.4147.
Year | P/E ratio | Change |
---|---|---|
2022 | 0.4147 | -121.47% |
2021 | -1.93 | -25.25% |
2020 | -2.58 | -17.97% |
2019 | -3.15 | 11.79% |
2018 | -2.82 | |
2013 | -17.1 |
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.