P/E ratio for Heska Corporation (HSKA)

P/E ratio history for Heska Corporation from 2001 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
IDEXX Laboratories IDXX	41.9	-167.34%	🇺🇸 USA
Eli Lilly LLY	143	-330.72%	🇺🇸 USA
Petco WOOF	31.4	-150.54%	🇺🇸 USA
Pfizer PFE	14.2	-122.81%	🇺🇸 USA
Merck MRK	54.4	-187.50%	🇺🇸 USA
Novartis NVS	26.0	-141.79%	🇨🇭 Switzerland
Zoetis ZTS	33.5	-153.84%	🇺🇸 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.