RVL Pharmaceuticals
RVLP
#9760
Rank
HK$24.48 M
Marketcap
HK$0.22
Share price
-32.05%
Change (1 day)
-68.81%
Change (1 year)

P/E ratio for RVL Pharmaceuticals (RVLP)

P/E ratio as of September 2024 (TTM): -0.0403

According to RVL Pharmaceuticals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0402857. At the end of 2022 the company had a P/E ratio of -2.00.

P/E ratio history for RVL Pharmaceuticals from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.0075.93%
2021-1.14-64.4%
2020-3.19136.22%
2019-1.35-63.36%
2018-3.69

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.