P/E ratio for CryoPort (CYRX)
P/E ratio as of May 2024 (TTM): -16.7
According to CryoPort's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.6907. At the end of 2022 the company had a P/E ratio of -18.7.
P/E ratio history for CryoPort from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -18.7 | 86.97% |
| 2021 | -9.98 | -57.48% |
| 2020 | -23.5 | -23.02% |
| 2019 | -30.5 | -6.04% |
| 2018 | -32.4 | 32.18% |
| 2017 | -24.5 | 598.84% |
| 2016 | -3.51 | 394.79% |
| 2015 | -0.7098 | -76.3% |
| 2014 | -2.99 | 327.78% |
| 2013 | -0.7000 | -70.78% |
| 2012 | -2.40 | -8.77% |
| 2011 | -2.63 | 83.77% |
| 2010 | -1.43 | -20% |
| 2009 | -1.79 | 15.25% |
| 2008 | -1.55 | -88.15% |
| 2007 | -13.1 | 205% |
| 2006 | -4.29 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Encore Wire WIRE | 10.7 | -164.15% | 🇺🇸 USA |
 Valmont Industries
VMI | 28.1 | -268.09% | 🇺🇸 USA |
 Greif GEF | 9.11 | -154.55% | 🇺🇸 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.