P/E ratio for Energous (WATT)
P/E ratio as of August 2022 (TTM): -2.30
According to Energous's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.3. At the end of 2021 the company had a P/E ratio of -1.92.
P/E ratio history for Energous from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -1.92 | -16.67% |
| 2020 | -2.31 | 65.58% |
| 2019 | -1.39 | -51.86% |
| 2018 | -2.90 | -65.47% |
| 2017 | -8.38 | 29.36% |
| 2016 | -6.48 | 68.78% |
| 2015 | -3.84 | 353% |
| 2014 | -0.8476 |
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.