Luna Innovations
LUNA
#9396
Rank
โ‚ฌ50.21 M
Marketcap
1,45ย โ‚ฌ
Share price
-3.23%
Change (1 day)
-77.08%
Change (1 year)
Categories

P/E ratio for Luna Innovations (LUNA)

P/E ratio as of December 2024 (TTM): -31.6

According to Luna Innovations 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -31.6. At the end of 2022 the company had a P/E ratio of 30.3.

P/E ratio history for Luna Innovations from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202230.3-85.63%
2021211109.14%
2020101149.11%
201940.5371.49%
20188.5983.81%
20174.67-128.61%
2016-16.3-69.75%
2015-54.0-1659.15%
20143.46-112.37%
2013-28.0156.67%
2012-10.9-30.64%
2011-15.7116.6%
2010-7.26517.51%
2009-1.18-65.71%
2008-3.43-69.23%
2007-11.1267.28%
2006-3.03

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-33.4 5.72%๐Ÿ‡บ๐Ÿ‡ธ USA
35.1-211.08%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.1487-99.53%๐Ÿ‡บ๐Ÿ‡ธ USA
122-486.60%๐Ÿ‡บ๐Ÿ‡ธ USA
28.7-190.94%๐Ÿ‡บ๐Ÿ‡ธ USA
28.1-188.90%๐Ÿ‡บ๐Ÿ‡ธ USA
28.6-190.47%๐Ÿ‡บ๐Ÿ‡ธ USA
-35.3 11.60%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.