Establishment Labs
ESTA
#5088
Rank
NZ$2.26 B
Marketcap
Country
$78.78
Share price
5.58%
Change (1 day)
95.47%
Change (1 year)
Categories

P/E ratio for Establishment Labs (ESTA)

P/E ratio as of December 2024 (TTM): -18.2

According to Establishment Labs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.2336. At the end of 2022 the company had a P/E ratio of -21.4.

P/E ratio history for Establishment Labs from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-21.4-45.9%
2021-39.573.27%
2020-22.853.4%
2019-14.9-36.8%
2018-23.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.1358-99.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0261-99.86%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.