Tivic Health Systems
TIVC
#9855
Rank
A$2.33 M
Marketcap
$0.38
Share price
2.35%
Change (1 day)
-85.59%
Change (1 year)
Categories

P/E ratio for Tivic Health Systems (TIVC)

P/E ratio as of October 2024 (TTM): -0.0054

According to Tivic Health Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0054455. At the end of 2022 the company had a P/E ratio of -0.7783.

P/E ratio history for Tivic Health Systems from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.7783-89.38%
2021-7.33

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.