According to Virgin Galactic 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.41549. At the end of 2022 the company had a P/E ratio of -36.8.
Year | P/E ratio | Change |
---|---|---|
2022 | -36.8 | -78.33% |
2021 | -170 | -52.75% |
2020 | -360 | 149.82% |
2019 | -144 | 17.73% |
2018 | -122 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -1.15 | -18.99% | ๐บ๐ธ USA |
![]() | 63.7 | -4,602.00% | ๐บ๐ธ USA |
![]() | -0.1373 | -90.30% | ๐บ๐ธ USA |
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.