P/E ratio for Trinity Biotech (TRIB)

P/E ratio history for Trinity Biotech from 2001 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
OraSure Technologies OSUR	6.27	-733.07%	🇺🇸 USA
Bio-Rad Laboratories BIO	-57.7	5,733.39%	🇺🇸 USA
Abbott Laboratories ABT	38.5	-3,989.50%	🇺🇸 USA
Chembio Diagnostics CEMI	-0.3792	-61.70%	🇺🇸 USA
QuidelOrtho QDEL	228	-23,146.04%	🇺🇸 USA
Thermo Fisher Scientific TMO	34.1	-3,546.95%	🇺🇸 USA
Danaher DHR	28.7	-3,002.79%	🇺🇸 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.