P/E ratio for Clovis Oncology (CLVS)

P/E ratio history for Clovis Oncology from 2012 to 2022

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
BioMarin Pharmaceutical BMRN	86.1	-200,437.03%	🇺🇸 USA
AstraZeneca AZN	33.5	-78,100.37%	🇬🇧 UK
Pfizer PFE	14.3	-33,336.97%	🇺🇸 USA
Johnson & Johnson JNJ	10.3	-24,156.98%	🇺🇸 USA
AbbVie ABBV	48.7	-113,423.32%	🇺🇸 USA
Eli Lilly LLY	146	-340,555.74%	🇺🇸 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.