According to Myriad Genetics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.13158. At the end of 2022 the company had a P/E ratio of -10.4.
Year | P/E ratio | Change |
---|---|---|
2022 | -10.4 | -86.01% |
2021 | -74.6 | 1062.12% |
2020 | -6.42 | -91.51% |
2019 | -75.6 | -198.87% |
2018 | 76.5 | 320.92% |
2017 | 18.2 | -2.97% |
2016 | 18.7 | -39.68% |
2015 | 31.1 | 36.75% |
2014 | 22.7 | 158.67% |
2013 | 8.78 | -51.68% |
2012 | 18.2 | 7.58% |
2011 | 16.9 | 2.77% |
2010 | 16.4 | -23.79% |
2009 | 21.6 | -29.71% |
2008 | 30.7 | -140.31% |
2007 | -76.1 | 157.71% |
2006 | -29.5 | 64.68% |
2005 | -17.9 | 13.91% |
2004 | -15.7 | 43.21% |
2003 | -11.0 | -29.99% |
2002 | -15.7 | -90.75% |
2001 | -170 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Abbott Laboratories ABT | 35.6 | -681.09% | ๐บ๐ธ USA |
Exact Sciences EXAS | -39.9 | 550.26% | ๐บ๐ธ USA |
BioMarin Pharmaceutical BMRN | 116 | -1,994.89% | ๐บ๐ธ USA |
Biocept
BIOC | -0.0085 | -99.86% | ๐บ๐ธ USA |
Bio-Rad Laboratories BIO | -50.8 | 729.31% | ๐บ๐ธ USA |
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.