Advent Technologies
ADN
#9902
Rank
C$16.39 M
Marketcap
$6.22
Share price
-6.07%
Change (1 day)
-50.48%
Change (1 year)

P/E ratio for Advent Technologies (ADN)

P/E ratio as of December 2024 (TTM): -2.43

According to Advent Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.43258. At the end of 2022 the company had a P/E ratio of -37.7.

P/E ratio history for Advent Technologies from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-37.7-92.83%
2021-526

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-1.79-26.41%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.