Sigilon Therapeutics
SGTX
#9691
Rank
NZ$94.02 M
Marketcap
NZ$37.58
Share price
0.00%
Change (1 day)
113.16%
Change (1 year)

P/E ratio for Sigilon Therapeutics (SGTX)

P/E ratio on October 13, 2023 (TTM): -1.84

According to Sigilon Therapeutics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.83729. At the end of 2022 the company had a P/E ratio of -0.2587.

P/E ratio history for Sigilon Therapeutics from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.2587-77.23%
2021-1.14-93.25%
2020-16.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
ORIC Pharmaceuticals
ORIC
-6.52 254.88%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.