Ontrak
OTRK
#8078
Rank
$13.96 M
Marketcap
$0.51
Share price
-14.86%
Change (1 day)
3.39%
Change (1 year)

P/E ratio for Ontrak (OTRK)

P/E ratio as of March 2024 (TTM): -0.0489

According to Ontrak's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0488996. At the end of 2022 the company had a P/E ratio of -0.0230.

P/E ratio history for Ontrak from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.0230-94.66%
2021-0.4314-93.93%
2020-7.10307.59%
2019-1.74-0.69%
2018-1.75381.16%
2017-0.3647-20.1%
2016-0.45646.5%
2015-0.428648.16%
2014-0.2893-48.45%
2013-0.5611368.59%
2012-0.119752.32%
2011-0.0786-25.89%
2010-0.1061-76.86%
2009-0.4583548.72%
2008-0.0707-85.53%
2007-0.4883-69.56%
2006-1.6022.07%
2005-1.31-41.31%
2004-2.24-65.34%
2003-6.46

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2 94,340.85%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.