P/E ratio for NantHealth (NHIQ)
P/E ratio as of April 2024 (TTM): -0.0421
According to NantHealth's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.042053. At the end of 2021 the company had a P/E ratio of -2.11.
P/E ratio history for NantHealth from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -2.11 | -66.68% |
| 2020 | -6.33 | 250.49% |
| 2019 | -1.81 | 481.3% |
| 2018 | -0.3109 | -84.81% |
| 2017 | -2.05 | -67.23% |
| 2016 | -6.25 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | 109,716.66% | 🇺🇸 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.