Poseida Therapeutics
PSTX
#7041
Rank
โ‚น29.41 B
Marketcap
โ‚น302.86
Share price
2.85%
Change (1 day)
90.20%
Change (1 year)

P/E ratio for Poseida Therapeutics (PSTX)

P/E ratio as of September 2024 (TTM): -15.0

According to Poseida Therapeutics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.0417. At the end of 2022 the company had a P/E ratio of -4.86.

P/E ratio history for Poseida Therapeutics from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.8644.23%
2021-3.37-31.34%
2020-4.91

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-5.12-65.97%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.