Cue Health
HLTH
#9855
Rank
NZ$11.76 M
Marketcap
$0.07393
Share price
0.00%
Change (1 day)
-86.82%
Change (1 year)

P/E ratio for Cue Health (HLTH)

P/E ratio as of November 2024 (TTM): -0.0237

According to Cue Health's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0237158. At the end of 2022 the company had a P/E ratio of -1.58.

P/E ratio history for Cue Health from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.58-104.74%
202133.4

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.