Blue Hat
BHAT
#6849
Rank
$6.89 M
Marketcap
$0.92
Share price
2.81%
Change (1 day)
53.33%
Change (1 year)

P/E ratio for Blue Hat (BHAT)

P/E ratio as of September 2022 (TTM): 0.7731

According to Blue Hat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.773109. At the end of 2020 the company had a P/E ratio of 0.4238.

P/E ratio history for Blue Hat from 2020 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20200.4238-50.81%
20190.8615

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.