FTRE
Price:
$4.44
Market Cap:
$401.82M
Fortrea Holdings Inc., a contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide. It operates through two segments: Clinical Services and Enabling Services. The Clinical Services segment provides across the clinical pharmacology and clinical development spectrum. The Enabling Services segment provides patient access and clinical trial technology solutions to customers that streamline complex randomization and optimize the trial drug supply process. The company offers delivery models that include full service, functional service provider, and hybrid service structures. It also offers phase I-IV clinical ...[Read more]
Industry
Biotechnology
IPO Date
2023-06-20
Stock Exchange
NASDAQ
Ticker
FTRE
According to Fortrea Holdings Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.53. This represents a change of -92.19% compared to the average of -6.78 of the last 4 quarters.
The mean historical PE Ratio of Fortrea Holdings Inc. over the last ten years is -169.43. The current -0.53 PE Ratio has changed -68.72% with respect to the historical average. Over the past ten years (40 quarters), FTRE's PE Ratio was at its highest in in the June 2023 quarter at 24.41. The PE Ratio was at its lowest in in the March 2023 quarter at -60.97.
Average
-169.43
Median
-5.08
Minimum
-911.51
Maximum
48.44
Discovering the peaks and valleys of Fortrea Holdings Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 67.81%
Maximum Annual PE Ratio = 48.44
Minimum Annual Increase = -1981.79%
Minimum Annual PE Ratio = -911.51
Year | PE Ratio | Change |
---|---|---|
2024 | -5.08 | -99.44% |
2023 | -911.51 | -1981.79% |
2022 | 48.44 | 67.81% |
2021 | 28.87 | -466.53% |
The current PE Ratio of Fortrea Holdings Inc. (FTRE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-289.38
5-year avg
-169.43
10-year avg
-169.43
Fortrea Holdings Inc.’s PE Ratio is
Company | PE Ratio | Market cap |
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