Audacy
AUD
#6731
Rank
$43.8 M
Marketcap
$0.30
Share price
5.19%
Change (1 day)
-87.65%
Change (1 year)

P/E ratio for Audacy (AUD)

P/E ratio as of December 2022 (TTM): -0.3191

According to Audacy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.319149. At the end of 2021 the company had a P/E ratio of -85.7.

P/E ratio history for Audacy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-85.76177.6%
2020-1.36-7.36%
2019-1.47-32.15%
2018-2.17-152.47%
20174.14-74.85%
201616.59.51%
201515.0-11.05%
201416.99.27%
201315.5-33.57%
201223.3

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.