P/E ratio for Ocugen (OCGN)
P/E ratio as of May 2024 (TTM): -3.57
According to Ocugen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.56757. At the end of 2022 the company had a P/E ratio of -3.42.
P/E ratio history for Ocugen from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.42 | -78.2% |
| 2021 | -15.7 | 200.59% |
| 2020 | -5.22 | 12261.15% |
| 2019 | -0.0422 | -85.42% |
| 2018 | -0.2895 | -85.74% |
| 2017 | -2.03 | 90.82% |
| 2016 | -1.06 | -26.45% |
| 2015 | -1.45 | -99.01% |
| 2014 | -146 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ORIC Pharmaceuticals
ORIC | -4.37 | 22.41% | 🇺🇸 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.