P/E ratio for Organovo (ONVO)

P/E ratio history for Organovo from 2021 to 2024

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
Intuitive Surgical ISRG	75.1	-42,496.33%	🇺🇸 USA
United Therapeutics UTHR	17.9	-10,210.46%	🇺🇸 USA
3D Systems DDD	15.1	-8,617.64%	🇺🇸 USA
3M MMM	25.4	-14,455.19%	🇺🇸 USA
Stratasys SSYS	-5.64	3,086.07%	🇮🇱 Israel
General Electric GE	41.7	-23,669.06%	🇺🇸 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.