P/E ratio for Luna Innovations (LUNA)
P/E ratio as of October 2023 (TTM): -117
According to Luna Innovations 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -117.2. At the end of 2021 the company had a P/E ratio of 211.
P/E ratio history for Luna Innovations from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 29.2 | -124.91% | 🇺🇸 USA |
 Analog Devices ADI | 23.6 | -120.13% | 🇺🇸 USA |
 Honeywell HON | 22.7 | -119.34% | 🇺🇸 USA |
 Danaher DHR | 28.8 | -124.56% | 🇺🇸 USA |
 Intuitive Surgical ISRG | 72.2 | -161.58% | 🇺🇸 USA |
 Coherent
COHR | -11.1 | -90.49% | 🇺🇸 USA |
 Accelerate Diagnostics AXDX | -0.7306 | -99.38% | 🇺🇸 USA |
 Philips PHG | -8.94 | -92.37% | 🇳🇱 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.