P/E ratio for Hims & Hers Health (HIMS)
P/E ratio as of September 2023 (TTM): -28.9
According to Hims & Hers Health's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -28.9091. At the end of 2021 the company had a P/E ratio of -10.6.
P/E ratio history for Hims & Hers Health from 2020 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -10.6 | -68.89% |
| 2020 | -34.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Organovo ONVO | -0.6165 | -97.87% | 🇺🇸 USA |
 Orchard Therapeutics
ORTX | -1.26 | -95.65% | 🇬🇧 UK |
 Novavax NVAX | -0.9958 | -96.56% | 🇺🇸 USA |
 Novocure
NVCR | -10.1 | -65.14% | Jersey |
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.