Moderna (MRNA) has a P/E ratio of -23.81, below the Healthcare sector average of 27.28.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Moderna (MRNA) currently reports a P/E ratio of -23.81. That is below the Healthcare sector average of 27.28. Use the charts on this page to explore Moderna's P/E ratio history and peer comparisons.
Moderna's P/E ratio of -23.81 is lower than the Healthcare sector average of 27.28. That is roughly 187.3% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Moderna's market price to a fundamental measure such as earnings, sales, or book value. At -23.81, MRNA can look expensive or cheap only in context — versus its own history, growth rate, and Healthcare peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of -23.81, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is 27.28. From there, open related valuation or income-statement pages for Moderna, and consider following MRNA for alerts when major investors trade the stock.
Moderna is classified in the Healthcare sector. On P/E ratio, it currently shows -23.81 versus a sector average near 27.28. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Healthcare are usually more informative than comparing MRNA with unrelated industries.