According to Illumina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.07704. At the end of 2022 the company had a P/E ratio of -7.02.
Year | P/E ratio | Change |
---|---|---|
2022 | -7.02 | -109.66% |
2021 | 72.7 | -9.5% |
2020 | 80.3 | 69.54% |
2019 | 47.4 | -8.72% |
2018 | 51.9 | 21.15% |
2017 | 42.9 | 8.72% |
2016 | 39.4 | -32.66% |
2015 | 58.5 | -16.22% |
2014 | 69.9 | -35.06% |
2013 | 108 | 142.71% |
2012 | 44.3 | 6.14% |
2011 | 41.8 | -31.55% |
2010 | 61.0 | 20.6% |
2009 | 50.6 | -31.13% |
2008 | 73.5 | -761.29% |
2007 | -11.1 | -125.78% |
2006 | 43.1 | -260.21% |
2005 | -26.9 | -50.42% |
2004 | -54.2 | 572.34% |
2003 | -8.07 | 222.41% |
2002 | -2.50 | -81.84% |
2001 | -13.8 |
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.