P/E ratio for Wearable Health Solutions (WHSI)
P/E ratio as of May 2024 (TTM): -0.3548
According to Wearable Health Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.354804. At the end of 2022 the company had a P/E ratio of -0.7044.
P/E ratio history for Wearable Health Solutions from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.7044 | 80.09% |
| 2021 | -0.3911 | 15.86% |
| 2020 | -0.3376 | -84.37% |
| 2019 | -2.16 | 713.63% |
| 2018 | -0.2655 | -100.88% |
| 2017 | 30.3 | -14976.03% |
| 2016 | -0.2037 | -110.63% |
| 2015 | 1.92 | -159.9% |
| 2014 | -3.20 | -28.89% |
| 2013 | -4.50 | -12287.61% |
| 2012 | 0.0369 | -246.12% |
| 2011 | -0.0253 | -148.16% |
| 2010 | 0.0525 | -100.94% |
| 2009 | -5.56 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 VIAVI Solutions
VIAV | 73.2 | -20,733.53% | 🇺🇸 USA |
 Vocera Communications VCRA | -335 | 94,287.89% | 🇺🇸 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.