NanoString Technologies
NSTG
#10209
Rank
NZ$9.07 M
Marketcap
$0.19
Share price
-37.43%
Change (1 day)
-71.18%
Change (1 year)

P/E ratio for NanoString Technologies (NSTG)

P/E ratio as of January 2025 (TTM): -0.0297

According to NanoString Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0297458. At the end of 2022 the company had a P/E ratio of -2.31.

P/E ratio history for NanoString Technologies from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.31-86.05%
2021-16.6-29.43%
2020-23.53.75%
2019-22.6325.52%
2018-5.3232.35%
2017-4.02-57.68%
2016-9.4954.82%
2015-6.1323.64%
2014-4.96345.06%
2013-1.11

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
36.6-123,140.56%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
-1.28 4,191.50%๐Ÿ‡บ๐Ÿ‡ธ USA
15.0-50,415.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.21 17,422.91%๐Ÿ‡บ๐Ÿ‡ธ USA
38.5-129,477.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-59.9 201,247.75%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.