P/E ratio for Ontrak (OTRK)
P/E ratio as of May 2024 (TTM): -0.0269
According to Ontrak's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0269208. At the end of 2022 the company had a P/E ratio of -0.0230.
P/E ratio history for Ontrak from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.0230 | -94.66% |
| 2021 | -0.4314 | -93.93% |
| 2020 | -7.10 | 307.59% |
| 2019 | -1.74 | -0.69% |
| 2018 | -1.75 | 381.16% |
| 2017 | -0.3647 | -20.1% |
| 2016 | -0.4564 | 6.5% |
| 2015 | -0.4286 | 48.16% |
| 2014 | -0.2893 | -48.45% |
| 2013 | -0.5611 | 368.59% |
| 2012 | -0.1197 | 52.32% |
| 2011 | -0.0786 | -25.89% |
| 2010 | -0.1061 | -76.86% |
| 2009 | -0.4583 | 548.72% |
| 2008 | -0.0707 | -85.53% |
| 2007 | -0.4883 | -69.56% |
| 2006 | -1.60 | 22.07% |
| 2005 | -1.31 | -41.31% |
| 2004 | -2.24 | -65.34% |
| 2003 | -6.46 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | 171,444.68% | 🇺🇸 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.