AgEagle Aerial Systems
UAVS
#8233
Rank
$5.61 M
Marketcap
$0.79
Share price
1.55%
Change (1 day)
92.22%
Change (1 year)

P/E ratio for AgEagle Aerial Systems (UAVS)

P/E ratio as of March 2024 (TTM): -1.23

According to AgEagle Aerial Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.23141. At the end of 2022 the company had a P/E ratio of -0.4930.

P/E ratio history for AgEagle Aerial Systems from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.4930-86.5%
2021-3.65-77.48%
2020-16.2512.61%
2019-2.6537.08%
2018-1.93-93.33%
2017-28.919065.15%
2016-0.1510229.27%
2015-0.0459-101.1%
20144.17-100.85%
2013-4931049.63%
2012-42.990.5%
2011-22.51634.75%
2010-1.3050.29%
2009-0.863024.27%
2008-0.6944-82.5%
2007-3.97

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.6-1,444.70%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-1,372.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.42 15.04%๐Ÿ‡บ๐Ÿ‡ธ 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.