Affimed
AFMD
#9197
Rank
โ‚น4.97 B
Marketcap
โ‚น317.13
Share price
-1.57%
Change (1 day)
16.07%
Change (1 year)

P/E ratio for Affimed (AFMD)

P/E ratio as of November 2024 (TTM): -4.76

According to Affimed 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.75891. At the end of 2022 the company had a P/E ratio of -19.5.

P/E ratio history for Affimed from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-19.5-80.35%
2021-99.21.03%
2020-98.2100.16%
2019-49.1-39.19%
2018-80.7390.09%
2017-16.5-2.44%
2016-16.9-82.08%
2015-94.2-132.38%
2014291

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.0676-98.58%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.65-23.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-138 2,790.26%๐Ÿ‡บ๐Ÿ‡ธ USA
71.1-1,593.95%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.