P/E ratio for Adicet Bio (ACET)

P/E ratio history for Adicet Bio from 2020 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
Quaker Houghton KWR	296	-89,612.80%	🇺🇸 USA
Merck MRK	50.6	-15,425.01%	🇺🇸 USA
Pfizer PFE	14.2	-4,400.22%	🇺🇸 USA
Teva Pharmaceutical Industries TEVA	-8.23	2,390.61%	🇮🇱 Israel
Novartis NVS	29.2	-8,923.91%	🇨🇭 Switzerland
Hawkins HWKN	31.7	-9,698.99%	🇺🇸 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.