P/E ratio for SI-BONE (SIBN)
P/E ratio as of June 2024 (TTM): -9.26
According to SI-BONE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.25926. At the end of 2022 the company had a P/E ratio of -7.60.
P/E ratio history for SI-BONE from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.60 | -41.85% |
| 2021 | -13.1 | -33.58% |
| 2020 | -19.7 | 41.81% |
| 2019 | -13.9 | -37.81% |
| 2018 | -22.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 EQT Corporation
EQT | 4.78 | -151.62% | 🇺🇸 USA |
 Canadian Natural Resources CNQ | 6.64 | -171.73% | 🇨🇦 Canada |
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.