P/E ratio for bluebird bio (BLUE)

P/E ratio history for bluebird bio from 2013 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
BioMarin Pharmaceutical BMRN	85.9	-23,151.52%	🇺🇸 USA
Acceleron Pharma XLRN	N/A	N/A	🇺🇸 USA
Sanofi SNY	15.4	-4,226.44%	🇫🇷 France
Sangamo Therapeutics SGMO	-1.82	388.38%	🇺🇸 USA
Merck MRK	54.6	-14,747.15%	🇺🇸 USA
GlycoMimetics GLYC	-0.3774	1.30%	🇺🇸 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.