Digital Ally
DGLY
#6859
Rank
$21.33 M
Marketcap
$0.45
Share price
-4.74%
Change (1 day)
-57.94%
Change (1 year)

P/E ratio for Digital Ally (DGLY)

P/E ratio as of October 2022 (TTM): -5.00

According to Digital Ally's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5. At the end of 2018 the company had a P/E ratio of -1.41.

P/E ratio history for Digital Ally from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2018-1.414.33%
2017-1.35-23.06%
2016-1.76-14.36%
2015-2.05-53.92%
2014-4.45-45.24%
2013-8.13

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.