Nuwellis
NUWE
#8793
Rank
$1.99 M
Marketcap
$3.87
Share price
1.84%
Change (1 day)
-95.15%
Change (1 year)
Categories

P/E ratio for Nuwellis (NUWE)

P/E ratio as of July 2024 (TTM): -0.0739

According to Nuwellis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0739156. At the end of 2022 the company had a P/E ratio of -3.00.

P/E ratio history for Nuwellis from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.00-73.7%
2021-11.4-19.11%
2020-14.1-40.49%
2019-23.7-95.56%
2018-5333268.12%
2017-15.8-85.08%
2016-106-99.89%
2015< -1000-67.08%
2014< -1000-50.88%
2013< -1000-18.7%
2012< -1000

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.