P/E ratio for Crossject (ALCJ.PA)
P/E ratio at the end of 2023: -19.7
According to Crossject's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.87662. At the end of 2023 the company had a P/E ratio of -19.7.
P/E ratio history for Crossject from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -19.7 | 90.91% |
| 2022 | -10.3 | 82.99% |
| 2021 | -5.64 | -11.4% |
| 2020 | -6.37 | 10.5% |
| 2019 | -5.77 | 316.36% |
| 2018 | -1.38 | -68.79% |
| 2017 | -4.44 | -9.66% |
| 2016 | -4.91 | -54% |
| 2015 | -10.7 | -4.12% |
| 2014 | -11.1 |
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.