Arcadia Biosciences
RKDA
#9558
Rank
ยฃ3.04 M
Marketcap
ยฃ2.23
Share price
1.03%
Change (1 day)
-19.88%
Change (1 year)
Categories

P/E ratio for Arcadia Biosciences (RKDA)

P/E ratio as of September 2024 (TTM): -0.1363

According to Arcadia Biosciences's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.136279. At the end of 2022 the company had a P/E ratio of -0.4145.

P/E ratio history for Arcadia Biosciences from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.4145-73.73%
2021-1.58-75.05%
2020-6.32400.92%
2019-1.26130.63%
2018-0.5475-27.43%
2017-0.7545-63.71%
2016-2.08-59.49%
2015-5.13

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-10,886.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.0 7,980.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.78 2,671.13%๐Ÿ‡บ๐Ÿ‡ธ 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.