P/E ratio for PDS Biotechnology (PDSB)
P/E ratio as of May 2024 (TTM): -2.18
According to PDS Biotechnology 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.17901. At the end of 2022 the company had a P/E ratio of -9.10.
P/E ratio history for PDS Biotechnology from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -9.10 | -28.07% |
| 2021 | -12.7 | 461.84% |
| 2020 | -2.25 | -26.05% |
| 2019 | -3.05 | 1101.62% |
| 2018 | -0.2535 | -95.46% |
| 2017 | -5.58 | -39.76% |
| 2016 | -9.26 | 2.58% |
| 2015 | -9.03 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ORIC Pharmaceuticals
ORIC | -4.14 | 89.88% | 🇺🇸 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.