Digital Ally
DGLY
#8120
Rank
$7.47 M
Marketcap
$2.67
Share price
6.80%
Change (1 day)
-35.82%
Change (1 year)

P/E ratio for Digital Ally (DGLY)

P/E ratio as of March 2024 (TTM): -0.2488

According to Digital Ally's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.248835. At the end of 2022 the company had a P/E ratio of -0.5393.

P/E ratio history for Digital Ally from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.5393-128.58%
20211.89-114.52%
2020-13.01008.82%
2019-1.17-16.88%
2018-1.414.33%
2017-1.35-23.06%
2016-1.76-14.36%
2015-2.05-53.92%
2014-4.45-45.24%
2013-8.13129.03%
2012-3.5544.26%
2011-2.46-42.33%
2010-4.27-87.51%
2009-34.2-354.31%
200813.4-41.11%
200722.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.3-5,842.64%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-8,623.52%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.