P/E ratio for Mind Medicine (MindMed) (MNMD)
P/E ratio as of April 2025 (TTM): -2.85
According to Mind Medicine (MindMed)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.85427. At the end of 2022 the company had a P/E ratio of -1.20.
P/E ratio history for Mind Medicine (MindMed) from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.20 | -80.07% |
| 2021 | -6.00 | -76.39% |
| 2020 | -25.4 |
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.