PAVmed
PAVM
#9806
Rank
NZ$18.33 M
Marketcap
$1.71
Share price
-0.99%
Change (1 day)
-70.20%
Change (1 year)
Categories

P/E ratio for PAVmed (PAVM)

P/E ratio as of November 2024 (TTM): -1.19

According to PAVmed 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.19048. At the end of 2022 the company had a P/E ratio of -7.20.

P/E ratio history for PAVmed from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-7.20-87.32%
2021-56.830.32%
2020-43.633.11%
2019-32.797.32%
2018-16.6-62.74%
2017-44.5-81.84%
2016-245

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-37.0 3,007.70%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
-1.19 0.00%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.