P/E ratio for PolyNovo (PNV.AX)
P/E ratio at the end of 2024: 302
According to PolyNovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 157.315. At the end of 2024 the company had a P/E ratio of 302.
P/E ratio history for PolyNovo from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 302 | -242.2% |
| 2023 | -212 | -71.35% |
| 2022 | -741 | 103.26% |
| 2021 | -364 | -5.77% |
| 2020 | -387 | 31.01% |
| 2019 | -295 | 490.76% |
| 2018 | -50.0 | 159.9% |
| 2017 | -19.2 | -48.01% |
| 2016 | -37.0 | 56.14% |
| 2015 | -23.7 | 129.9% |
| 2014 | -10.3 | -12.05% |
| 2013 | -11.7 | 137.43% |
| 2012 | -4.93 | 2.45% |
| 2011 | -4.81 | 44.06% |
| 2010 | -3.34 | -6.99% |
| 2009 | -3.59 | 80.1% |
| 2008 | -2.00 | -9.57% |
| 2007 | -2.21 | -72.47% |
| 2006 | -8.02 | -27.36% |
| 2005 | -11.0 | -45.44% |
| 2004 | -20.2 | 52.76% |
| 2003 | -13.2 | -39.2% |
| 2002 | -21.8 | -23.46% |
| 2001 | -28.4 |
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.