According to Organovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.485437. At the end of 2022 the company had a P/E ratio of -1.05.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.05 | -59.71% |
2021 | -2.61 | -46.28% |
2020 | -4.86 | 156.59% |
2019 | -1.89 | -50.66% |
2018 | -3.84 | 3.16% |
2017 | -3.72 | -59.31% |
2016 | -9.15 | 57.96% |
2015 | -5.79 | -71.25% |
2014 | -20.1 | -3.58% |
2013 | -20.9 | 920.24% |
2012 | -2.05 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
General Electric GE | 19.0 | -4,011.59% | ๐บ๐ธ USA |
3M MMM | -6.88 | 1,318.06% | ๐บ๐ธ USA |
Intuitive Surgical ISRG | 86.9 | -17,997.67% | ๐บ๐ธ USA |
United Therapeutics UTHR | 12.1 | -2,593.42% | ๐บ๐ธ USA |
Stratasys SSYS | -15.4 | 3,075.57% | ๐ฎ๐ฑ Israel |
3D Systems DDD | -3.61 | 643.77% | ๐บ๐ธ USA |
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.