Illumina
ILMN
#501
Rank
$34.04 B
Marketcap
$216.45
Share price
-1.06%
Change (1 day)
-37.67%
Change (1 year)

P/E ratio for Illumina (ILMN)

P/E ratio as of December 2022 (TTM): -8.00

According to Illumina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.00265. At the end of 2021 the company had a P/E ratio of 74.7.

P/E ratio history for Illumina from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202174.7-9.5%
202082.669.54%
201948.7-8.72%
201853.422.13%
201743.77.85%
201640.5-32.66%
201560.2-16.22%
201471.8-35.06%
2013111142.71%
201245.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.4-492.37%๐Ÿ‡บ๐Ÿ‡ธ USA
34.5-530.63%๐Ÿ‡บ๐Ÿ‡ธ USA
14.2-277.73%๐Ÿ‡บ๐Ÿ‡ธ USA
29.8-472.47%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6-445.21%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.58-5.26%๐Ÿ‡บ๐Ÿ‡ธ USA
N/A-100.00%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.