P/E ratio for Pacific Biosciences (PACB)

P/E ratio history for Pacific Biosciences from 2010 to 2023

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
Illumina ILMN	-5.10	293.56%	🇺🇸 USA
NanoString Technologies NSTG	-0.0297	-97.70%	🇺🇸 USA
General Electric GE	20.6	-1,690.25%	🇺🇸 USA
Luminex LMNX	N/A	N/A	🇺🇸 USA
Thermo Fisher Scientific TMO	33.5	-2,688.37%	🇺🇸 USA
PerkinElmer PKI	15.0	-1,255.47%	🇺🇸 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.