Gamida Cell
GMDA
#9875
Rank
C$6.03 M
Marketcap
$0.04548
Share price
0.00%
Change (1 day)
-94.51%
Change (1 year)

P/E ratio for Gamida Cell (GMDA)

P/E ratio as of November 2024 (TTM): -0.0282

According to Gamida Cell's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0281897. At the end of 2022 the company had a P/E ratio of -1.05.

P/E ratio history for Gamida Cell from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.05-37.24%
2021-1.67-71.92%
2020-5.9560.52%
2019-3.71-3.84%
2018-3.85

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.