According to Selecta Biosciences's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.8313. At the end of 2022 the company had a P/E ratio of 4.19.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.19 | -130.81% |
2021 | -13.6 | 209.32% |
2020 | -4.39 | 125.1% |
2019 | -1.95 | 113.42% |
2018 | -0.9141 | -70.09% |
2017 | -3.06 | -19.25% |
2016 | -3.78 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
ORIC Pharmaceuticals
ORIC | -3.71 | -3.26% | 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.