Beyond Meat
BYND
#6316
Rank
$0.44 B
Marketcap
$6.92
Share price
1.17%
Change (1 day)
-60.84%
Change (1 year)
Categories
Beyond Meat is an American food producer for vegan meat substitutes.

P/E ratio for Beyond Meat (BYND)

P/E ratio as of July 2024 (TTM): -1.59

According to Beyond Meat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.58523. At the end of 2022 the company had a P/E ratio of -2.14.

P/E ratio history for Beyond Meat from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.14-90.55%
2021-22.6-84.8%
2020-149-41.78%
2019-256

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.7-965.99%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.