Avinger
AVGR
#10192
Rank
$1.53 M
Marketcap
$0.48
Share price
-0.39%
Change (1 day)
-82.52%
Change (1 year)
Categories

P/E ratio for Avinger (AVGR)

P/E ratio as of December 2024 (TTM): -0.0147

According to Avinger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0146598. At the end of 2022 the company had a P/E ratio of -0.2290.

P/E ratio history for Avinger from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.2290-88.37%
2021-1.97258.07%
2020-0.550071.27%
2019-0.3211359.02%
2018-0.0700-50.7%
2017-0.1419-86.65%
2016-1.06-81.28%
2015-5.68

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-24.1 164,233.07%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-89,558.93%๐Ÿ‡บ๐Ÿ‡ธ USA
-77.6 529,468.62%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.