Reason: Acquired by Renesas
Last recorded trade on: August 23, 2024
Source: https://www.renesas.com/en/about/newsroom/renesas-completes-acquisition-transphorm?srsltid=AfmBOoohmx_CawZmYgh18l6OdiwdqiE6aMpMtmfrXeaW6XXD-qPkUVnU
P/E ratio for Transphorm (TGAN)
P/E ratio on August 23, 2024 (TTM): -7.85
According to Transphorm's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.84615. At the end of 2022 the company had a P/E ratio of -11.6.
P/E ratio history for Transphorm from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.6 | -62.38% |
| 2021 | -30.8 | 308.09% |
| 2020 | -7.54 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 9.21 | -217.41% | 🇺🇸 USA |
 | 28.4 | -462.35% | 🇺🇸 USA |
 | 72.6 | -1,025.08% | 🇺🇸 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.