P/E ratio for Dentsply Sirona (XRAY)
P/E ratio as of June 2023 (TTM): -8.03
According to Dentsply Sirona 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.03106. At the end of 2021 the company had a P/E ratio of 29.1.
P/E ratio history for Dentsply Sirona from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 29.1 | -120.53% |
| 2020 | -142 | -395.08% |
| 2019 | 48.0 | -677.4% |
| 2018 | -8.31 | -13.19% |
| 2017 | -9.57 | -133.65% |
| 2016 | 28.4 | -15.88% |
| 2015 | 33.8 | 44.06% |
| 2014 | 23.5 | 6.01% |
| 2013 | 22.1 | 24.07% |
| 2012 | 17.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Danaher DHR | 25.0 | -410.79% | 🇺🇸 USA |
 3M MMM | 10.6 | -231.89% | 🇺🇸 USA |
 Align Technology
ALGN | 74.6 | -1,028.49% | 🇺🇸 USA |
 Integra LifeSciences IART | 18.9 | -334.72% | 🇺🇸 USA |
 Biolase
BIOL | -0.0217 | -99.73% | 🇺🇸 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.