Ocugen
OCGN
#7911
Rank
ยฃ0.18 B
Marketcap
ยฃ0.62
Share price
-5.08%
Change (1 day)
112.98%
Change (1 year)

P/E ratio for Ocugen (OCGN)

P/E ratio as of December 2024 (TTM): -2.25

According to Ocugen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.24892. At the end of 2022 the company had a P/E ratio of -3.42.

P/E ratio history for Ocugen from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.42-78.2%
2021-15.7200.59%
2020-5.2212261.15%
2019-0.0422-85.42%
2018-0.2895-85.74%
2017-2.0390.82%
2016-1.06-26.45%
2015-1.45-99.01%
2014-146

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.78 68.28%๐Ÿ‡บ๐Ÿ‡ธ 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.