ReWalk Robotics
RWLK
#9839
Rank
HK$69.42 M
Marketcap
HK$8.17
Share price
6.07%
Change (1 day)
34.36%
Change (1 year)

P/E ratio for ReWalk Robotics (RWLK)

P/E ratio on April 2, 2024 (TTM): -3.18

According to ReWalk Robotics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.18212. At the end of 2022 the company had a P/E ratio of -2.38.

P/E ratio history for ReWalk Robotics from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.38-47.87%
2021-4.56214.06%
2020-1.45102.81%
2019-0.7152152.72%
2018-0.2830-67.07%
2017-0.8594-23.88%
2016-1.13-83.54%
2015-6.8668.86%
2014-4.06

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
64.8-2,136.36%๐Ÿ‡บ๐Ÿ‡ธ USA
40.5-1,372.65%๐Ÿ‡บ๐Ÿ‡ธ USA
39.6-1,343.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.58-50.33%๐Ÿ‡บ๐Ÿ‡ธ 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.