IDEAYA Biosciences
IDYA
#4097
Rank
โ‚น187.98 B
Marketcap
โ‚น2,175
Share price
3.31%
Change (1 day)
-24.55%
Change (1 year)

P/E ratio for IDEAYA Biosciences (IDYA)

P/E ratio as of December 2024 (TTM): -17.7

According to IDEAYA Biosciences's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.6621. At the end of 2022 the company had a P/E ratio of -13.1.

P/E ratio history for IDEAYA Biosciences from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-13.1-23.14%
2021-17.085.86%
2020-9.15249.09%
2019-2.62

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.77-78.68%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.