P/E ratio for AppTech Payments (APCX)
P/E ratio as of July 2024 (TTM): -0.8103
According to AppTech Payments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.810345. At the end of 2022 the company had a P/E ratio of -2.26.
P/E ratio history for AppTech Payments from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.26 | 1101.54% |
| 2021 | -0.1879 | -90.42% |
| 2020 | -1.96 | -40.66% |
| 2019 | -3.30 | |
| 2013 | -1.25 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fiserv FI | 30.9 | -3,914.79% | 🇺🇸 USA |
 Fortinet FTNT | 41.0 | -5,159.57% | 🇺🇸 USA |
 Synopsys SNPS | 87.8 | -10,930.82% | 🇺🇸 USA |
 Proofpoint PFPT | N/A | N/A | 🇺🇸 USA |
 Tyler Technologies
TYL | 133 | -16,514.12% | 🇺🇸 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.