P/E ratio for American Virtual Cloud (AVCT)
P/E ratio as of April 2024 (TTM): -0.0280
According to American Virtual Cloud 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0280473. At the end of 2021 the company had a P/E ratio of -0.4879.
P/E ratio history for American Virtual Cloud from 2017 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -0.4879 | -94.26% |
| 2020 | -8.50 | -62.72% |
| 2019 | -22.8 | 36.05% |
| 2018 | -16.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 GDS Holdings GDS | -7.91 | 28,101.32% | 🇨🇳 China |
 American Virtual Cloud
AVCT | -0.0280 | 0.00% | 🇺🇸 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.