La Jolla price-to-earning fundamental analysis lookup allows you to check this and other indicators for La Jolla Pharmaceutical Company or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
La Jolla Price to Earning Analysis
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..In other words, if you start from a lower position your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Based on latest financial disclosure the price to earning indicator of La Jolla Pharmaceutical Company is roughly -6.45 times. This is 124.96% lower than that of the Healthcare sector, and 230.83% lower than that of Biotechnology industry, The Price to Earning for all stocks is 122.46% higher than the company.
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