According to Arcimoto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0319328. At the end of 2022 the company had a P/E ratio of -0.1160.
Year | P/E ratio | Change |
---|---|---|
2022 | -0.1160 | -98.18% |
2021 | -6.37 | -71.62% |
2020 | -22.4 | 1099.01% |
2019 | -1.87 | -58.56% |
2018 | -4.51 | -72.98% |
2017 | -16.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() The Shyft Group SHYF | > 1000 | -3,736,070.54% | ๐บ๐ธ USA |
![]() Nikola NKLA | -0.1158 | 262.71% | ๐บ๐ธ USA |
![]() NIO NIO | -2.10 | 6,475.37% | ๐จ๐ณ China |
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.