Coherus BioSciences
CHRS
#8829
Rank
A$0.14 B
Marketcap
$1.23
Share price
2.26%
Change (1 day)
-54.36%
Change (1 year)

P/E ratio for Coherus BioSciences (CHRS)

P/E ratio as of November 2024 (TTM): -0.2345

According to Coherus BioSciences 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.234548. At the end of 2022 the company had a P/E ratio of -2.11.

P/E ratio history for Coherus BioSciences from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.11-49.06%
2021-4.13-144.01%
20209.39-33.21%
201914.1-598.93%
2018-2.8245.77%
2017-1.93-78.22%
2016-8.88131.67%
2015-3.835.4%
2014-3.64

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.0676-71.18%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
21.3-9,182.66%๐Ÿ‡บ๐Ÿ‡ธ USA
72.0-30,795.29%๐Ÿ‡บ๐Ÿ‡ธ 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.