According to Zynex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2209. At the end of 2022 the company had a P/E ratio of 30.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 30.9 | 50.06% |
2021 | 20.6 | -59.6% |
2020 | 51.0 | 87.87% |
2019 | 27.1 | 167.69% |
2018 | 10.1 | -26.67% |
2017 | 13.8 | -69.2% |
2016 | 44.9 | -1097.48% |
2015 | -4.50 | 429.41% |
2014 | -0.8500 | -47.16% |
2013 | -1.61 | -111.49% |
2012 | 14.0 | 23.53% |
2011 | 11.3 | -79.25% |
2010 | 54.6 | 312.29% |
2009 | 13.2 | -96.73% |
2008 | 405 | 2431.45% |
2007 | 16.0 | -161.54% |
2006 | -26.0 | |
2004 | -7.50 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
10.3 | -43.64% | ๐บ๐ธ USA | |
29.9 | 63.88% | ๐ฎ๐ช Ireland | |
-2.36 | -112.97% | ๐บ๐ธ USA |
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.