P/E ratio for PolyNovo (PNV.AX)
P/E ratio at the end of 2022: -740
According to PolyNovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1114.27. At the end of 2022 the company had a P/E ratio of -740.
P/E ratio history for PolyNovo from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -740 | 104.2% |
| 2021 | -362 | -6.38% |
| 2020 | -387 | 31.58% |
| 2019 | -294 | 490.41% |
| 2018 | -49.8 | 160.31% |
| 2017 | -19.1 | -47.91% |
| 2016 | -36.7 | 55.27% |
| 2015 | -23.7 | 130.23% |
| 2014 | -10.3 | -11.93% |
| 2013 | -11.7 | 137.36% |
| 2012 | -4.91 | 2.24% |
| 2011 | -4.81 | 43.43% |
| 2010 | -3.35 | -6.68% |
| 2009 | -3.59 | 81.04% |
| 2008 | -1.98 | -8.37% |
| 2007 | -2.17 | -72.77% |
| 2006 | -7.95 | -38.09% |
| 2005 | -12.8 | -39.72% |
| 2004 | -21.3 | 57.98% |
| 2003 | -13.5 | -27.66% |
| 2002 | -18.6 | -16.05% |
| 2001 | -22.2 |
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.