Aspen Aerogels
ASPN
#4994
Rank
C$1.89 B
Marketcap
$23.29
Share price
-0.53%
Change (1 day)
79.03%
Change (1 year)

P/E ratio for Aspen Aerogels (ASPN)

P/E ratio as of November 2024 (TTM): -19.7

According to Aspen Aerogels's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.7294. At the end of 2022 the company had a P/E ratio of -5.31.

P/E ratio history for Aspen Aerogels from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.31-87.31%
2021-41.8105.57%
2020-20.457.37%
2019-12.9774.37%
2018-1.48-75.15%
2017-5.95-25.07%
2016-7.94-63.36%
2015-21.73955.42%
2014-0.5346

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
52.9-368.38%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-209.85%๐Ÿ‡บ๐Ÿ‡ธ USA
14.3-172.68%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.