P/E ratio for Arcimoto (FUV)
P/E ratio as of May 2024 (TTM): -0.0243
According to Arcimoto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0243278. At the end of 2022 the company had a P/E ratio of -0.1159.
P/E ratio history for Arcimoto from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.1159 | -98.07% |
| 2021 | -6.00 | -70.96% |
| 2020 | -20.7 | 1004.21% |
| 2019 | -1.87 | -51.1% |
| 2018 | -3.83 | -78.65% |
| 2017 | -17.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nikola NKLA | -0.3816 | 1,468.50% | 🇺🇸 USA |
 NIO NIO | -3.05 | 12,457.36% | 🇨🇳 China |
 The Shyft Group SHYF | 14.9 | -61,306.52% | 🇺🇸 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.