According to OraSure Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.89655. At the end of 2022 the company had a P/E ratio of -18.5.
Year | P/E ratio | Change |
---|---|---|
2022 | -18.5 | -31.73% |
2021 | -27.2 | -38.46% |
2020 | -44.1 | -248.37% |
2019 | 29.7 | -13.43% |
2018 | 34.4 | -3.46% |
2017 | 35.6 | 41.85% |
2016 | 25.1 | -44.68% |
2015 | 45.4 | -135.78% |
2014 | -127 | 303.02% |
2013 | -31.5 | 27.03% |
2012 | -24.8 | -48.36% |
2011 | -47.9 | -33.29% |
2010 | -71.9 | 140.53% |
2009 | -29.9 | 452.17% |
2008 | -5.41 | -103.04% |
2007 | 178 | 158.31% |
2006 | 68.8 | 368.25% |
2005 | 14.7 | -102.19% |
2004 | -672 | 153.27% |
2003 | -265 | 289.48% |
2002 | -68.1 | -43.93% |
2001 | -122 |
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.