P/E ratio for Stereotaxis (STXS)
P/E ratio as of May 2024 (TTM): -7.74
According to Stereotaxis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.74074. At the end of 2022 the company had a P/E ratio of -7.96.
P/E ratio history for Stereotaxis from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.96 | -79.45% |
| 2021 | -38.8 | -16.26% |
| 2020 | -46.3 | -16.96% |
| 2019 | -55.7 | 54.79% |
| 2018 | -36.0 | 1475% |
| 2017 | -2.29 | 89.89% |
| 2016 | -1.20 | -43.07% |
| 2015 | -2.11 | -61.59% |
| 2014 | -5.50 | 715.48% |
| 2013 | -0.6750 | -59.71% |
| 2012 | -1.68 | 29.29% |
| 2011 | -1.30 | -86.29% |
| 2010 | -9.45 | 55.83% |
| 2009 | -6.07 | 70.13% |
| 2008 | -3.56 | -59.49% |
| 2007 | -8.80 | 22.8% |
| 2006 | -7.17 | 38% |
| 2005 | -5.19 |
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.