PolarityTE, Inc.

PolarityTE, Inc.verified

PTE

Price:

$0.241

Market Cap:

$1.78M

PolarityTE, Inc., a clinical stage biotechnology company, develops and commercializes a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences in the United States. The company operates in two segments, Regenerative Medicine Products and Contract Services. It offers SkinTE, a tissue product used to repair, reconstruction, replacement, and supplementation of skin in patients for the treatment of acute or chronic wounds, burns, surgical reconstruction events, scar revision, or removal of dysfunctional skin grafts, as well as contract research services. The company also develops SkinTE Cryo allows multiple deployments fro...[Read more]

Industry

Biotechnology

IPO Date

1999-08-16

Stock Exchange

NASDAQ

Ticker

PTE

The ROE as of September 2024 (TTM) for PolarityTE, Inc. (PTE) is 84.08%

According to PolarityTE, Inc.’s latest financial reports and current stock price. The company's current ROE is 84.08%. This represents a change of 267.40% compared to the average of 22.89% of the last 4 quarters.

PolarityTE, Inc. (PTE) Historical ROE (quarterly & annually)

How has PTE ROE performed in the past?

The mean historical ROE of PolarityTE, Inc. over the last ten years is -380.55%. The current 84.08% ROE has changed -122.09% with respect to the historical average. Over the past ten years (40 quarters), PTE's ROE was at its highest in in the December 2022 quarter at 92.94%. The ROE was at its lowest in in the April 2017 quarter at -1957.78%.

Quarterly (TTM)
Annual

Average

-380.55%

Median

-116.29%

Minimum

-2777.10%

Maximum

61.45%

PolarityTE, Inc. (PTE) ROE by Quarter and Year

Discovering the peaks and valleys of PolarityTE, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.13%

Maximum Annual ROE = 61.45%

Minimum Annual Increase = -500.93%

Minimum Annual ROE = -2777.10%

Quarterly (TTM)
Annual
YearROEChange
202261.45%-141.91%
2021-146.60%-8.75%
2020-160.66%-32.29%
2019-237.29%196.10%
2018-80.14%-97.11%
2017-2777.10%3.13%
2016-85.97%253.40%
2015-24.33%-91.66%
2014-291.79%362.84%
2013-63.04%-500.93%

PolarityTE, Inc. (PTE) Average ROE

How has PTE ROE performed in the past?

The current ROE of PolarityTE, Inc. (PTE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-81.94%

5-year avg

-112.65%

10-year avg

-380.55%

PolarityTE, Inc. (PTE) ROE vs. Peers

How is PTE’s ROE compared to its peers?

PolarityTE, Inc.’s ROE is greater than Hoth Therapeutics, Inc. (-81.79%), greater than Guardion Health Sciences, Inc. (-71.26%), greater than Acasti Pharma Inc. (-18.84%), greater than Aileron Therapeutics, Inc. (-47.94%), greater than Histogen Inc. (-108.33%),

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