According to Urban-gro 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.229358. At the end of 2022 the company had a P/E ratio of -1.89.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.89 | -97.48% |
2021 | -74.9 | 16892.55% |
2020 | -0.4405 | -31.76% |
2019 | -0.6455 |
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.