According to Quanterix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.33333. At the end of 2022 the company had a P/E ratio of -5.31.
Year | P/E ratio | Change |
---|---|---|
2022 | -5.31 | -80.03% |
2021 | -26.6 | -38.15% |
2020 | -43.0 | 195.01% |
2019 | -14.6 | 12.22% |
2018 | -13.0 | 0.52% |
2017 | -12.9 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -0.7096 | -78.71% | ๐บ๐ธ USA |
![]() | -3.33 | 0.00% | ๐บ๐ธ USA |
![]() | 15.0 | -549.00% | 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.