P/E ratio for Enanta Pharmaceuticals (ENTA)

P/E ratio history for Enanta Pharmaceuticals from 2013 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
AbbVie ABBV	52.6	-4,636.35%	🇺🇸 USA
Johnson & Johnson JNJ	11.1	-1,061.07%	🇺🇸 USA
Vertex Pharmaceuticals VRTX	35.2	-3,136.94%	🇺🇸 USA
Merck MRK	45.4	-4,012.26%	🇺🇸 USA
Bristol-Myers Squibb BMY	13.7	-1,284.74%	🇺🇸 USA
Novartis NVS	28.3	-2,543.45%	🇨🇭 Switzerland

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.