PTC Therapeutics
PTCT
#3733
Rank
C$3.77 B
Marketcap
$49.05
Share price
1.92%
Change (1 day)
42.48%
Change (1 year)

P/E ratio for PTC Therapeutics (PTCT)

P/E ratio as of September 2024 (TTM): -4.18

According to PTC Therapeutics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.18035. At the end of 2022 the company had a P/E ratio of -4.90.

P/E ratio history for PTC Therapeutics from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.90-8.6%
2021-5.36-41.41%
2020-9.15-14.84%
2019-10.7-15.78%
2018-12.859.1%
2017-8.02206.51%
2016-2.62-59.14%
2015-6.40-60.3%
2014-16.1166.28%
2013-6.06

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.5-973.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.2 288.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.84-55.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.7 252.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.91 136.98%๐Ÿ‡บ๐Ÿ‡ธ USA
31.0-841.82%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

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.