Virgin Orbit
VORB
#9674
Rank
C$37.27 M
Marketcap
$0.11
Share price
0.00%
Change (1 day)
-97.97%
Change (1 year)
Categories

P/E ratio for Virgin Orbit (VORB)

P/E ratio on June 15, 2023 (TTM): -0.1373

According to Virgin Orbit's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.137321. At the end of 2021 the company had a P/E ratio of -16.6.

P/E ratio history for Virgin Orbit from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-16.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.87 1,992.35%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.