T2 Biosystems, Inc.

TTOO Healthcare Diagnostics & Research

T2 Biosystems, Inc.’s revenue for fiscal 2023 (year ended December 2023) was $7.2 million, down 67.8% from fiscal 2022. Operating cash flow growth for three consecutive years.

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Market cap
$6.5M
P/E
0.0×
Fwd P/E
−0.6×
Dividend yield
—
F-score
2/9
Altman Z
−28.92
Beneish M
n/a
Dividend safety
n/a

T2 Biosystems, Inc. (TTOO) P/E ratio

Alert me on P/E ratio

T2 Biosystems, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 0.1× (June 2024) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —
FY2015 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2024 0.0× (64.27%)
Jun 2024 0.0× 69.37%
Mar 2024 0.0× —
Dec 2023 0.0× —
35 more quarters

Against its own ten years

Low 0.0× High 0.1×
Ten-year median 0.0×
Current reading's percentile 85

P/E ratio against peers

Company P/E ratio
DMTKQ DermTech, Inc. compare n/m
NOTVQ Inotiv, Inc. compare n/m
TTOO T2 Biosystems, Inc. n/m
PMD Psychemedics Corporation compare n/m
XWEL XWELL, Inc. compare n/m
ISPC iSpecimen Inc. compare n/m
NDRA ENDRA Life Sciences Inc. compare n/m
BIAF bioAffinity Technologies, Inc. compare n/m
ADVB Advanced Biomed Inc. compare 0.8×
Diagnostics & Research industry median 35.6×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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