Orchard Therapeutics
ORTX
#7116
Rank
โ‚ฌ0.36 B
Marketcap
16,05ย โ‚ฌ
Share price
0.00%
Change (1 day)
261.36%
Change (1 year)

P/E ratio for Orchard Therapeutics (ORTX)

P/E ratio on March 20, 2024 (TTM): -2.69

According to Orchard Therapeutics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.69355. At the end of 2022 the company had a P/E ratio of -0.3136.

P/E ratio history for Orchard Therapeutics from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.3136-71.97%
2021-1.12-60.33%
2020-2.82-64.11%
2019-7.86783.45%
2018-0.8894

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-9.19 241.12% Jersey
-1.12-58.49%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.1699-93.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.69 0.00%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.