InflaRx
IFRX
#8859
Rank
C$0.12 B
Marketcap
$2.08
Share price
3.42%
Change (1 day)
-40.29%
Change (1 year)

P/E ratio for InflaRx (IFRX)

P/E ratio as of October 2024 (TTM): -2.00

According to InflaRx 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.00029. At the end of 2022 the company had a P/E ratio of -4.33.

P/E ratio history for InflaRx from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.3313.22%
2021-3.8211.5%
2020-3.4398.41%
2019-1.73-93.32%
2018-25.947.8%
2017-17.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.23 111.67%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.