Alligator Bioscience AB
ATORX.ST
#9451
Rank
โ‚น3.05 B
Marketcap
โ‚น4.03
Share price
-4.87%
Change (1 day)
20.88%
Change (1 year)

P/E ratio for Alligator Bioscience AB (ATORX.ST)

P/E ratio as of November 2024 (TTM): -1.17

According to Alligator Bioscience AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.16943. At the end of 2023 the company had a P/E ratio of -1.25.

P/E ratio history for Alligator Bioscience AB from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-1.2517.35%
2022-1.07-34.37%
2021-1.63-53.2%
2020-3.48-3.24%
2019-3.59-67.06%
2018-10.9-58.35%
2017-26.2-39.82%
2016-43.5

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.