P/E ratio for Senseonics Holdings (SENS)
P/E ratio as of April 2024 (TTM): -2.94
According to Senseonics Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.9388. At the end of 2022 the company had a P/E ratio of 3.43.
P/E ratio history for Senseonics Holdings from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.43 | -201.59% |
| 2021 | -3.38 | 202.32% |
| 2020 | -1.12 | -24.33% |
| 2019 | -1.48 | -65.77% |
| 2018 | -4.32 | -17.24% |
| 2017 | -5.22 | -2.33% |
| 2016 | -5.34 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Merit Medical MMSI | 42.5 | -1,547.73% | 🇺🇸 USA |
 Inari Medical
NARI | -764 | 25,883.39% | 🇺🇸 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.