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VirnetX Holding (VirnetX Holding) PE Ratio (TTM) : At Loss (As of Apr. 28, 2024)


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What is VirnetX Holding PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-04-28), VirnetX Holding's share price is $5.46. VirnetX Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.76. Therefore, VirnetX Holding's PE Ratio (TTM) for today is At Loss.


The historical rank and industry rank for VirnetX Holding's PE Ratio (TTM) or its related term are showing as below:

VHC' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: 1.4   Max: 2.08
Current: At Loss


During the past 13 years, the highest PE Ratio (TTM) of VirnetX Holding was 2.08. The lowest was 0.00. And the median was 1.40.


VHC's PE Ratio (TTM) is ranked worse than
100% of 1499 companies
in the Software industry
Industry Median: 26.99 vs VHC: At Loss

VirnetX Holding's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-2.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.76.

As of today (2024-04-28), VirnetX Holding's share price is $5.46. VirnetX Holding's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.76. Therefore, VirnetX Holding's PE Ratio without NRI for today is At Loss.

During the past 13 years, VirnetX Holding's highest PE Ratio without NRI was 2.40. The lowest was 0.00. And the median was 1.61.

VirnetX Holding's EPS without NRI for the three months ended in Dec. 2023 was $-2.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.76.

During the past 13 years, VirnetX Holding's highest 3-Year average EPS without NRI Growth Rate was 67.10% per year. The lowest was -62.60% per year. And the median was 0.25% per year.

VirnetX Holding's EPS (Basic) for the three months ended in Dec. 2023 was $-2.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.76.


VirnetX Holding PE Ratio (TTM) Historical Data

The historical data trend for VirnetX Holding's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VirnetX Holding PE Ratio (TTM) Chart

VirnetX Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss 1.29 At Loss At Loss At Loss

VirnetX Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Competitive Comparison of VirnetX Holding's PE Ratio (TTM)

For the Software - Infrastructure subindustry, VirnetX Holding's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VirnetX Holding's PE Ratio (TTM) Distribution in the Software Industry

For the Software industry and Technology sector, VirnetX Holding's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where VirnetX Holding's PE Ratio (TTM) falls into.



VirnetX Holding PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

VirnetX Holding's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=5.46/-7.760
=At Loss

VirnetX Holding's Share Price of today is $5.46.
VirnetX Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.76.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


VirnetX Holding  (NYSE:VHC) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


VirnetX Holding PE Ratio (TTM) Related Terms

Thank you for viewing the detailed overview of VirnetX Holding's PE Ratio (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


VirnetX Holding (VirnetX Holding) Business Description

Traded in Other Exchanges
N/A
Address
308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.
Executives
Kendall Larsen director, 10 percent owner, officer: President & CEO 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Michael F Angelo director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Thomas M O'brien director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Katherine Allanson officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Richard H Nance officer: Chief Financial Officer 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Short Robert D Iii director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Gary Feiner director C/O 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Scott C Taylor director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
William E Sliney officer: Chief Financial Officer 5615 SCOTTS VALLEY DR. #110, SCOTTS VALLEY CA 95066
Edmund C Munger director 5615 SCOTTS VALLEY DRIVE, SUITE 110, SCOTTS VALLEY CA 95066
Virnetx Holding Corp director, officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Wayne T Grau director 9453 ALCOSTA BLVD, SAN RAHON CA 94583-3920
Glenn P Russell director, 10 percent owner, officer: CEO 5440 FAIRVIEW PL, AGUORA HILLS CA 91301

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