As of Q4'25, HIMS's P/E ratio stands at 89.47, reflecting a significant recovery from the extreme negative value of -1064.34 observed in Q1'24. This latest data point indicates that the company has returned to positive earnings territory and is now trading at a relatively high earnings multiple. From Q1'23 to Q1'24, HIMS experienced persistently negative P/E ratios, reaching a low of -1064.34 in Q1'24, which suggests substantial losses during that period. However, starting in Q2'24, the P/E ratio turned positive at 213.93, followed by some volatility but remaining positive through Q4'25. This sharp turnaround highlights a major inflection point in the company's financial performance, with the P/E ratio stabilizing in the 44.79 to 90.44 range over the last four quarters, indicating improved profitability and possibly increased investor confidence. The data covers the period from Q1'23 to Q4'25.