Sesen Bio
SESN
#7281
Rank
$0.12 B
Marketcap
$0.63
Share price
7.29%
Change (1 day)
-10.17%
Change (1 year)

P/E ratio for Sesen Bio (SESN)

P/E ratio as of March 2024 (TTM): 0.1062

According to Sesen Bio 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.106233. At the end of 2016 the company had a P/E ratio of 1.19.

P/E ratio history for Sesen Bio from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20161.19-1488.08%
2015-0.0860-64.38%
2014-0.2415

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-6.18-5,914.21%๐Ÿ‡บ๐Ÿ‡ธ 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.