Petros Pharmaceuticals
PTPI
#10037
Rank
โ‚น0.22 B
Marketcap
โ‚น22.79
Share price
0.26%
Change (1 day)
-78.46%
Change (1 year)

P/E ratio for Petros Pharmaceuticals (PTPI)

P/E ratio as of November 2024 (TTM): -0.0254

According to Petros Pharmaceuticals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0253665. At the end of 2022 the company had a P/E ratio of -0.2392.

P/E ratio history for Petros Pharmaceuticals from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.2392-94.07%
2021-4.0494.53%
2020-2.07

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.1-63,440.23%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.33 13,040.68% Bahamas

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.