P/E ratio for Synlogic (SYBX)
P/E ratio as of June 2024 (TTM): -0.1465
According to Synlogic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.146503. At the end of 2022 the company had a P/E ratio of -0.0718.
P/E ratio history for Synlogic from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.0718 | -49.24% |
| 2021 | -0.1415 | 62.16% |
| 2020 | -0.0873 | -12.73% |
| 2019 | -0.1000 | -56.35% |
| 2018 | -0.2291 | 156.13% |
| 2017 | -0.0894 | -5.55% |
| 2016 | -0.0947 | -59.68% |
| 2015 | -0.2349 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ORIC Pharmaceuticals
ORIC | -3.09 | 2,010.36% | 🇺🇸 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.