Beyond, Inc.
BYON
#7621
Rank
C$0.36 B
Marketcap
$8.01
Share price
-3.04%
Change (1 day)
-64.33%
Change (1 year)

P/E ratio for Beyond, Inc. (BYON)

P/E ratio as of November 2024 (TTM): -1.63

According to Beyond, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.62535. At the end of 2022 the company had a P/E ratio of -23.6.

P/E ratio history for Beyond, Inc. from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-23.6-427.28%
20217.21-81.8%
202039.6-2062.55%
2019-2.022.34%
2018-1.97-86.81%
2017-15.0-141.9%
201635.7-69.72%
201511884.24%
201464.0673.72%
20138.27-64.24%
201223.1

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.