nLIGHT
LASR
#6525
Rank
โ‚น45.60 B
Marketcap
โ‚น947.53
Share price
-23.50%
Change (1 day)
20.11%
Change (1 year)

P/E ratio for nLIGHT (LASR)

P/E ratio as of November 2024 (TTM): -10.1

According to nLIGHT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.087. At the end of 2022 the company had a P/E ratio of -8.31.

P/E ratio history for nLIGHT from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-8.31-75.71%
2021-34.2-42.36%
2020-59.40.75%
2019-58.9-199.42%
201859.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.2-230.70%๐Ÿ‡บ๐Ÿ‡ธ USA
41.4-510.01%๐Ÿ‡บ๐Ÿ‡ธ USA
137-1,457.36%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.