P/E ratio for Berkeley Lights (BLI)
P/E ratio as of May 2024 (TTM): -0.8392
According to Berkeley Lights's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.839161. At the end of 2021 the company had a P/E ratio of -17.0.
P/E ratio history for Berkeley Lights from 2020 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -17.0 | -86.48% |
| 2020 | -126 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PerkinElmer
PKI | 15.0 | -1,883.52% | 🇺🇸 USA |
 Quanterix QTRX | -9.62 | 1,045.88% | 🇺🇸 USA |
 Precipio PRPO | -0.7945 | -5.32% | 🇺🇸 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.