MaxCyte
MXCT
#6926
Rank
NZ$0.66 B
Marketcap
$6.21
Share price
-0.78%
Change (1 day)
19.26%
Change (1 year)

P/E ratio for MaxCyte (MXCT)

P/E ratio as of September 2024 (TTM): -12.1

According to MaxCyte's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.0938. At the end of 2022 the company had a P/E ratio of -23.7.

P/E ratio history for MaxCyte from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-23.7-48.75%
2021-46.3

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.