Illumina
ILMN
#958
Rank
$18.70 B
Marketcap
$117.43
Share price
0.63%
Change (1 day)
-48.56%
Change (1 year)

P/E ratio for Illumina (ILMN)

P/E ratio as of April 2024 (TTM): -4.39

According to Illumina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.38519. At the end of 2022 the company had a P/E ratio of -7.22.

P/E ratio history for Illumina from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-7.22-109.66%
202174.7-9.5%
202082.669.54%
201948.7-8.72%
201853.421.15%
201744.18.72%
201640.5-32.66%
201560.2-16.22%
201471.8-35.06%
2013111142.71%
201245.66.14%
201142.9-31.55%
201062.720.6%
200952.0-31.13%
200875.5-761.29%
2007-11.4-125.78%
200644.3-260.21%
2005-27.6-50.42%
2004-55.8572.34%
2003-8.29222.41%
2002-2.57-81.84%
2001-14.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.3-905.01%๐Ÿ‡บ๐Ÿ‡ธ USA
34.6-888.55%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-524.74%๐Ÿ‡บ๐Ÿ‡ธ USA
29.5-772.06%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-441.30%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-1.15-73.78%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.