P/E ratio for Trinity Biotech (TRIB)

P/E ratio history for Trinity Biotech from 2001 to 2024

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
OraSure Technologies OSUR	-3.04	813.61%	🇺🇸 USA
Bio-Rad Laboratories BIO	-12.3	3,611.76%	🇺🇸 USA
Abbott Laboratories ABT	15.8	-4,837.29%	🇺🇸 USA
Chembio Diagnostics CEMI	-0.3792	14.04%	🇺🇸 USA
QuidelOrtho QDEL	-1.69	407.80%	🇺🇸 USA
Thermo Fisher Scientific TMO	32.4	-9,845.30%	🇺🇸 USA
Danaher DHR	45.7	-13,857.45%	🇺🇸 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.