P/E ratio for Luna Innovations (LUNA)
P/E ratio as of April 2024 (TTM): -41.0
According to Luna Innovations 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41. At the end of 2022 the company had a P/E ratio of 30.3.
P/E ratio history for Luna Innovations from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.3 | -85.63% |
| 2021 | 211 | 109.14% |
| 2020 | 101 | 149.11% |
| 2019 | 40.5 | 371.49% |
| 2018 | 8.59 | 83.81% |
| 2017 | 4.67 | -128.61% |
| 2016 | -16.3 | -69.75% |
| 2015 | -54.0 | -1659.15% |
| 2014 | 3.46 | -112.37% |
| 2013 | -28.0 | 156.67% |
| 2012 | -10.9 | -30.64% |
| 2011 | -15.7 | 116.6% |
| 2010 | -7.26 | 517.51% |
| 2009 | -1.18 | -65.71% |
| 2008 | -3.43 | -69.23% |
| 2007 | -11.1 | 267.28% |
| 2006 | -3.03 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 35.9 | -187.56% | 🇺🇸 USA |
 Analog Devices ADI | 26.5 | -164.59% | 🇺🇸 USA |
 Honeywell HON | 23.9 | -158.37% | 🇺🇸 USA |
 Danaher DHR | 31.2 | -176.15% | 🇺🇸 USA |
 Intuitive Surgical ISRG | 86.8 | -311.73% | 🇺🇸 USA |
 Coherent
COHR | -17.8 | -56.63% | 🇺🇸 USA |
 Accelerate Diagnostics AXDX | -0.1183 | -99.71% | 🇺🇸 USA |
 Philips PHG | -29.4 | -28.30% | 🇳🇱 Netherlands |
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.