Solid Biosciences
SLDB
#7887
Rank
HK$1.65 B
Marketcap
HK$41.33
Share price
-4.50%
Change (1 day)
148.58%
Change (1 year)

P/E ratio for Solid Biosciences (SLDB)

P/E ratio as of November 2024 (TTM): -0.8597

According to Solid Biosciences 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.859691. At the end of 2022 the company had a P/E ratio of -0.5334.

P/E ratio history for Solid Biosciences from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.5334-79.16%
2021-2.56-42.61%
2020-4.46193.58%
2019-1.52-87.25%
2018-11.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.05 371.15%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.