Monte Rosa Therapeutics
GLUE
#6989
Rank
โ‚ฌ0.41 B
Marketcap
6,73ย โ‚ฌ
Share price
-8.34%
Change (1 day)
48.50%
Change (1 year)

P/E ratio for Monte Rosa Therapeutics (GLUE)

P/E ratio as of December 2024 (TTM): -2.96

According to Monte Rosa Therapeutics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.96109. At the end of 2022 the company had a P/E ratio of -3.32.

P/E ratio history for Monte Rosa Therapeutics from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.32-21.03%
2021-4.21

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.