P/E ratio for Eagle Pharmaceuticals (EGRX)

P/E ratio history for Eagle Pharmaceuticals from 2014 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
Johnson & Johnson JNJ	11.3	595.31%	🇺🇸 USA
GlaxoSmithKline GSK	10.6	547.55%	🇬🇧 UK
Novartis NVS	28.7	1,659.81%	🇨🇭 Switzerland
Teva Pharmaceutical Industries TEVA	-8.50	-621.33%	🇮🇱 Israel
Amgen AMGN	21.1	1,191.38%	🇺🇸 USA
Eli Lilly LLY	161	9,763.47%	🇺🇸 USA
Bristol-Myers Squibb BMY	14.1	761.91%	🇺🇸 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.