TTOO
Price:
$0.0004
Market Cap:
$11.22K
T2 Biosystems, Inc. is an in vitro diagnostics company that develops and commercializes innovative diagnostic solutions for global markets. Its proprietary technology platform enables the rapid detection of pathogens, biomarkers, and other critical abnormalities directly from a wide array of unpurified patient specimens, including whole blood, plasma, serum, saliva, sputum, cerebrospinal fluid, and urine. The company's commercial offerings include the T2Dx Instrument, a compact bench-top system designed to run various diagnostic assays. Its current suite of diagnostic tests features T2Candida, a direct-from-blood test that rapidly identifies bloodstream infections leading to sepsis and candi...[Read more]
Industry
Medical - Diagnostics & Research
IPO Date
2014-08-07
Stock Exchange
OTC
Ticker
TTOO
According to T2 Biosystems, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -0.01. This represents a change of -99.01% compared to the average of -1.01 of the last 4 quarters.
The mean historical PE Ratio of T2 Biosystems, Inc. over the last ten years is -86.99. The current -0.01 PE Ratio has changed -98.85% with respect to the historical average. Over the past ten years (40 quarters), TTOO's PE Ratio was at its highest in in the March 2023 quarter at -0.09. The PE Ratio was at its lowest in in the December 2014 quarter at -531.07.
Average
-86.99
Median
-54.62
Minimum
-265.86
Maximum
-0.12
Discovering the peaks and valleys of T2 Biosystems, 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 = 448.38%
Maximum Annual PE Ratio = -0.12
Minimum Annual Increase = -99.24%
Minimum Annual PE Ratio = -265.86
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | -0.33 | 180.21% |
| 2022 | -0.12 | -92.98% |
| 2021 | -1.66 | -48.22% |
| 2020 | -3.21 | 256.30% |
| 2019 | -0.90 | -99.24% |
| 2018 | -119.33 | 12.55% |
| 2017 | -106.03 | -15.07% |
| 2016 | -124.85 | -49.58% |
| 2015 | -247.61 | -6.86% |
| 2014 | -265.86 | 448.38% |
The current PE Ratio of T2 Biosystems, Inc. (TTOO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-0.70
5-year avg
-1.25
10-year avg
-86.99
T2 Biosystems, Inc.’s PE Ratio is greater than Tevano Systems Holdings Inc. (-0.17), less than Paradigm Medical Industries, Inc. (-0.01), less than Lift & Co. Corp. (-0.01), greater than MedGen, Inc. (-600.00), greater than Actavia Life Sciences, Inc. (-0.07), greater than Innovation Pharmaceuticals Inc. (-0.03), greater than Aoxing Pharmaceutical Company, Inc. (-104.38), greater than ChitogenX Inc. (-0.23), greater than Groove Botanicals, Inc. (-1.76), greater than Wesana Health Holdings Inc. (-0.33),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.17 | $744.00 | |
| -0.01 | $324.88K | |
| -0.01 | $63.45K | |
| -600.00 | $90.31K | |
| -0.07 | $385.91K | |
| -0.03 | $103.67K | |
| -104.38 | $320.11K | |
| -0.23 | $627.63K | |
| -1.76 | $238.57K | |
| -0.33 | $341.00K |
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