DigiAsia Corp
FAAS
#9494
Rank
A$49.85 M
Marketcap
$0.82
Share price
-13.35%
Change (1 day)
-95.16%
Change (1 year)

P/E ratio for DigiAsia Corp (FAAS)

P/E ratio at the end of 2023: < -1000

According to DigiAsia Corp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -544.974. At the end of 2023 the company had a P/E ratio of < -1000.

P/E ratio history for DigiAsia Corp from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023< -10007176.91%
2022-13661.94%
2021-83.8

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.