P/E ratio for Genocea Biosciences (GNCA)
P/E ratio as of April 2024 (TTM): -0.0002
According to Genocea Biosciences 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.000192308. At the end of 2021 the company had a P/E ratio of -2.42.
P/E ratio history for Genocea Biosciences from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -2.42 | 15.84% |
| 2020 | -2.09 | 125.75% |
| 2019 | -0.9241 | |
| 2017 | -0.5859 | -75.12% |
| 2016 | -2.35 | -19.14% |
| 2015 | -2.91 | -1.84% |
| 2014 | -2.97 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Pfizer PFE | 13.7 | -7,101,156.64% | 🇺🇸 USA |
 Merck MRK | 72.0 | -37,451,168.08% | 🇺🇸 USA |
 Novavax NVAX | -0.5688 | 295,699.45% | 🇺🇸 USA |
 Agenus
AGEN | -13.8 | 7,151,396.56% | 🇺🇸 USA |
 iBio IBIO | -0.2207 | 114,671.10% | 🇺🇸 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.