Despegar
DESP
#5161
Rank
$1.22 B
Marketcap
$14.65
Share price
-0.48%
Change (1 day)
48.88%
Change (1 year)

P/E ratio for Despegar (DESP)

P/E ratio as of December 2024 (TTM): -51.0

According to Despegar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -50.9981. At the end of 2022 the company had a P/E ratio of -4.27.

P/E ratio history for Despegar from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.27-33.14%
2021-6.391.1%
2020-6.32-85.93%
2019-44.9-201.38%
201844.34.81%
201742.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-21.6-57.69%๐Ÿ‡ฎ๐Ÿ‡ณ India

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.