Biomerica, Inc., a biomedical technology company, develops, patents, manufactures, and markets diagnostic and therapeutic products for the detection and/or treatment of medical conditions and diseases worldwide. The company's diagnostic test kits are used to analyze blood, urine, or fecal specimens from patients in the diagnosis of various diseases and other medical complications; or to measure the level of specific bacteria, hormones, antibodies, antigens, or other substances, which exist in the patient's body and stools or blood in extremely small concentrations. It primarily sells its products for gastrointestinal diseases, food intolerances, diabetes, and various esoteric tests at the physicians' offices and over-the-counter drugstores, and hospital/clinical laboratories. The company is also developing InFoods, an irritable bowel syndrome therapy technology and diagnostic-guided therapy; Helicobacter pylori products, as well as develops, tests, validates, and sells diagnostic products for COVID-19 infection. Biomerica, Inc. was incorporated in 1971 and is headquartered in Irvine, California.
P/E ratio for Biomerica, Inc. (BMRA)
P/E ratio as of 2024: -1.63
According to Biomerica, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.63. At the end of 2023 the company had a P/E ratio of -2.72.
P/E ratio history for Biomerica, Inc. from 1986 to 2024
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2024 | -1.63 |
| 2023 | -2.72 |
| 2022 | -9.79 |
| 2021 | -6.73 |
| 2020 | -27.60 |
| 2019 | -8.66 |
| 2018 | -23.80 |
| 2017 | -22.73 |
| 2016 | -8.00 |
| 2015 | -21.42 |
| 2014 | -28.33 |
| 2013 | 11.64 |
| 2012 | 8.67 |
| 2011 | 18.63 |
| 2010 | -8.82 |
| 2009 | 12.90 |
| 2008 | 3.76 |
| 2007 | 8.84 |
| 2006 | 10.00 |
| 2005 | 15.60 |
| 2004 | -14.14 |
| 2003 | -10.66 |
| 2002 | -6.79 |
| 2001 | -1.60 |
| 2000 | -1.82 |
| 1999 | -112.40 |
| 1998 | 72.40 |
| 1997 | 30.77 |
| 1996 | 19.65 |
| 1995 | 33.33 |
| 1994 | 0.00 |
| 1993 | -17.86 |
| 1992 | -10.83 |
| 1991 | -1.56 |
| 1990 | -3.47 |
| 1989 | -4.17 |
| 1988 | -12.50 |
| 1987 | -17.61 |
| 1986 | -17.42 |