Typically, a company has positive earnings. After all, who wants to invest in a company that is losing money. However, companies do lose money. And when they do, they end up with negative P/E ratios.
A lot of times, negative P/E ratios are disregarded for analysis. But, I think there is a lot that can be learned studying these companies. So, below are the top ten with the least negative P/E ratios in the S&P 500. To be "least" negative, you either need a really low stock price or really big negative earnings numbers. So, either way, these are stocks that are not in the best shape: