Enovis
ENOV
#3265
Rank
$3.41 B
Marketcap
$62.46
Share price
3.62%
Change (1 day)
24.13%
Change (1 year)
Categories

P/E ratio for Enovis (ENOV)

P/E ratio as of March 2024 (TTM): -24.5

According to Enovis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24.5086. At the end of 2022 the company had a P/E ratio of -223.

P/E ratio history for Enovis from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-223-503.04%
202155.3-21.82%
202070.8-1415.6%
2019-5.38-152.49%
201810.2-44.99%
201718.6-6%
201619.8101.22%
20159.850.21%
20149.83-58.57%
201323.7-210.7%
2012-21.4-113.12%
2011163472.39%
201028.590.1%
200915.0-117.63%
2008-85.2

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.