P/E ratio for AgEagle Aerial Systems (UAVS)
P/E ratio as of March 2023 (TTM): -2.08
According to AgEagle Aerial Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.075. At the end of 2021 the company had a P/E ratio of -3.79.
P/E ratio history for AgEagle Aerial Systems from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -3.79 | -78.91% |
| 2020 | -18.0 | 594.35% |
| 2019 | -2.59 | 19.83% |
| 2018 | -2.16 | -208% |
| 2017 | 2.00 | -1424.14% |
| 2016 | -0.1510 | 227.26% |
| 2015 | -0.0462 | -100.9% |
| 2014 | 5.12 | |
| 2011 | -30.0 | 6017.65% |
| 2010 | -0.4904 | -58.32% |
| 2009 | -1.18 | -73.21% |
| 2008 | -4.39 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Lockheed Martin LMT | 21.8 | -1,152.10% | 🇺🇸 USA |
 Northrop Grumman NOC | 18.1 | -973.73% | 🇺🇸 USA |
 Red Cat Holdings RCAT | -3.66 | 76.15% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.