Luna Innovations
LUNA
#9214
Rank
ยฃ45.19 M
Marketcap
ยฃ1.30
Share price
0.61%
Change (1 day)
-71.58%
Change (1 year)
Categories

P/E ratio for Luna Innovations (LUNA)

P/E ratio as of November 2024 (TTM): -32.8

According to Luna Innovations 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -32.8. At the end of 2022 the company had a P/E ratio of 30.3.

P/E ratio history for Luna Innovations from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.3-85.63%
2021211109.14%
2020101149.11%
201940.5371.49%
20188.5983.81%
20174.67-128.61%
2016-16.3-69.75%
2015-54.0-1659.15%
20143.46-112.37%
2013-28.0156.67%
2012-10.9-30.64%
2011-15.7116.6%
2010-7.26517.51%
2009-1.18-65.71%
2008-3.43-69.23%
2007-11.1267.28%
2006-3.03

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-36.1 10.01%๐Ÿ‡บ๐Ÿ‡ธ USA
34.5-205.12%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.2122-99.35%๐Ÿ‡บ๐Ÿ‡ธ USA
127-488.59%๐Ÿ‡บ๐Ÿ‡ธ USA
29.3-189.35%๐Ÿ‡บ๐Ÿ‡ธ USA
27.8-184.68%๐Ÿ‡บ๐Ÿ‡ธ USA
28.8-187.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-37.0 12.75%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.