Tivic Health Systems
TIVC
#8791
Rank
$2.06 M
Marketcap
$0.33
Share price
-4.99%
Change (1 day)
-92.59%
Change (1 year)
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P/E ratio for Tivic Health Systems (TIVC)

P/E ratio as of July 2024 (TTM): -0.0074

According to Tivic Health Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.00737342. At the end of 2022 the company had a P/E ratio of -0.7783.

P/E ratio history for Tivic Health Systems from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.7783-89.38%
2021-7.33

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.