According to Novavax's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.06056. At the end of 2022 the company had a P/E ratio of -1.24.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.24 | -79.84% |
2021 | -6.14 | -62.59% |
2020 | -16.4 | 2239.61% |
2019 | -0.7019 | -80.73% |
2018 | -3.64 | 85.12% |
2017 | -1.97 | 60.9% |
2016 | -1.22 | -91.4% |
2015 | -14.2 | -13.67% |
2014 | -16.5 | -0.27% |
2013 | -16.5 | 92.25% |
2012 | -8.59 | 15.91% |
2011 | -7.41 | 3.7% |
2010 | -7.15 | 26.28% |
2009 | -5.66 | 58.71% |
2008 | -3.57 | -38.96% |
2007 | -5.84 | -44.43% |
2006 | -10.5 | -29% |
2005 | -14.8 | 222.5% |
2004 | -4.59 | -54.85% |
2003 | -10.2 | 259.84% |
2002 | -2.83 | -91.38% |
2001 | -32.8 |
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.