BioArctic AB
BIOA-B.ST
#4899
Rank
โ‚น121.48 B
Marketcap
โ‚น1,375
Share price
0.79%
Change (1 day)
-26.41%
Change (1 year)

P/E ratio for BioArctic AB (BIOA-B.ST)

P/E ratio as of November 2024 (TTM): -145

According to BioArctic AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -145.351. At the end of 2023 the company had a P/E ratio of 103.

P/E ratio history for BioArctic AB from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023103-104.92%
2022< -10002287.2%
2021-87.6-28.34%
2020-122-228.88%
201994.9369.62%
201820.2-82.9%
2017118

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.