Cell Therapeutics (CTIC)

1.08 -0.02  -1.82%  Feb 10, 11:00PM Go Pro
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Cell Therapeutics PE Ratio

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About Price to Earnings Ratio

The price to earnings ratio (PE Ratio) is the measure of the share price relative to the annual net income earned by the firm per share. PE ratio shows current investor demand for a company share. A high PE ratio generally indicates increased demand because investors anticipate earnings growth in the future. The PE ratio has units of years, which can be interpreted as the number of years of earnings to pay back purchase price.

PE ratio is often referred to as the "multiple" because it demonstrates how much an investor is willing to pay for one dollar of earnings. PE Ratios are sometimes calculated using estimations of next year's earnings per share in the denominator. When this happens, it is usually noted.
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CTIC News

Morning Market Losers
Jan 30, 10:08AM Benzinga
On The Fly: Mid-Day Wrap
Jan 23, 12:19PM
The Magic Formula for Biotech
Jan 15, 11:08AM Fool
2011 Review: Cell Therapeutics
Dec 31, 5:26PM Fool

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