Lightwave Logic
LWLG
#7238
Rank
ยฃ0.27 B
Marketcap
ยฃ2.26
Share price
2.71%
Change (1 day)
-34.38%
Change (1 year)

P/E ratio for Lightwave Logic (LWLG)

P/E ratio as of November 2024 (TTM): -15.8

According to Lightwave Logic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.8056. At the end of 2022 the company had a P/E ratio of -30.8.

P/E ratio history for Lightwave Logic from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-30.8-62.76%
2021-82.7579.39%
2020-12.256.44%
2019-7.78-12.36%
2018-8.88-37.72%
2017-14.360.89%
2016-8.8620.1%
2015-7.38-23.38%
2014-9.636.94%
2013-9.00-8.99%
2012-9.89-47.4%
2011-18.832.39%
2010-14.2-20.56%
2009-17.9239.01%
2008-5.27-15.15%
2007-6.2151.57%
2006-4.10

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.59-83.59%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.