P/E ratio for Cutera (CUTR)
P/E ratio as of May 2024 (TTM): -0.6641
According to Cutera's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.664083. At the end of 2022 the company had a P/E ratio of -10.1.
P/E ratio history for Cutera from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -10.1 | -102.68% |
| 2021 | 376 | -2499.34% |
| 2020 | -15.7 | -61.09% |
| 2019 | -40.2 | 422.45% |
| 2018 | -7.70 | -136.85% |
| 2017 | 20.9 | -78.32% |
| 2016 | 96.4 | -318.55% |
| 2015 | -44.1 | 205.59% |
| 2014 | -14.4 | -54.63% |
| 2013 | -31.8 | 62.6% |
| 2012 | -19.6 | 91.71% |
| 2011 | -10.2 | -3.98% |
| 2010 | -10.6 | 66.1% |
| 2009 | -6.40 | -84.13% |
| 2008 | -40.3 | -305.44% |
| 2007 | 19.6 | -88.37% |
| 2006 | 169 | 668.21% |
| 2005 | 22.0 | -34.98% |
| 2004 | 33.8 |
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.