PolyNovo
PNV.AX
#5629
Rank
โ‚ฌ0.87 B
Marketcap
1,26ย โ‚ฌ
Share price
-0.97%
Change (1 day)
55.26%
Change (1 year)

P/E ratio for PolyNovo (PNV.AX)

P/E ratio at the end of 2022: -746

According to PolyNovo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1096.59. At the end of 2022 the company had a P/E ratio of -746.

P/E ratio history for PolyNovo from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-746104.2%
2021-365-6.38%
2020-39031.58%
2019-296490.41%
2018-50.2160.31%
2017-19.3-47.91%
2016-37.055.27%
2015-23.8130.23%
2014-10.4-11.93%
2013-11.8137.36%
2012-4.962.24%
2011-4.8543.43%
2010-3.38-6.68%
2009-3.6281.04%
2008-2.00-8.37%
2007-2.18-72.77%
2006-8.02-38.09%
2005-12.9-39.72%
2004-21.557.98%
2003-13.6-27.66%
2002-18.8-16.05%
2001-22.4

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.