Ultragenyx
RARE
#2895
Rank
HK$36.15 B
Marketcap
HK$391.47
Share price
-0.14%
Change (1 day)
43.68%
Change (1 year)

P/E ratio for Ultragenyx (RARE)

P/E ratio as of November 2024 (TTM): -4.92

According to Ultragenyx's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.91797. At the end of 2022 the company had a P/E ratio of -4.58.

P/E ratio history for Ultragenyx from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.58-63.43%
2021-12.5-71.57%
2020-44.1634.94%
2019-6.00-46.19%
2018-11.170.91%
2017-6.52-42.48%
2016-11.3-60.17%
2015-28.550.54%
2014-18.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
86.1-1,851.43%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.2 249.17%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.8085-83.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.87-62.02%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.