Arcimoto
FUV
#8317
Rank
$4.24 M
Marketcap
$0.38
Share price
0.00%
Change (1 day)
-75.32%
Change (1 year)

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%
2020-20.71004.21%
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
-0.3334 1,270.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.68 10,907.65%๐Ÿ‡จ๐Ÿ‡ณ China
15.3-62,910.86%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.