BioLargo
BLGO
#8864
Rank
NZ$0.11 B
Marketcap
$0.39
Share price
-1.64%
Change (1 day)
36.80%
Change (1 year)

P/E ratio for BioLargo (BLGO)

P/E ratio as of September 2024 (TTM): -10.5

According to BioLargo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.5439. At the end of 2022 the company had a P/E ratio of -6.75.

P/E ratio history for BioLargo from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-6.7528.51%
2021-5.2575%
2020-3.00-4.55%
2019-3.1417.86%
2018-2.67-31.62%
2017-3.90-53.01%
2016-8.30-0.4%
2015-8.337.53%
2014-7.7524%
2013-6.25108.33%
2012-3.00-34.38%
2011-4.5728%
2010-3.5788.78%
2009-1.89-21.56%
2008-2.4128.13%
2007-1.88

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.4-312.58%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-16.4 55.43%๐Ÿ‡บ๐Ÿ‡ธ 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.