P/E ratio for Digital Turbine (APPS)
P/E ratio as of May 2024 (TTM): -33.7
According to Digital Turbine 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.6667. At the end of 2022 the company had a P/E ratio of 29.3.
P/E ratio history for Digital Turbine from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.3 | -75.49% |
| 2021 | 120 | -8.19% |
| 2020 | 130 | -264.41% |
| 2019 | -79.2 | 2021.25% |
| 2018 | -3.73 | -33.23% |
| 2017 | -5.59 | 187.91% |
| 2016 | -1.94 | -13.81% |
| 2015 | -2.25 | -68.18% |
| 2014 | -7.08 | 114.98% |
| 2013 | -3.30 | 81.59% |
| 2012 | -1.81 | -43% |
| 2011 | -3.18 | 1272.39% |
| 2010 | -0.2320 | -56.85% |
| 2009 | -0.5376 | -91.71% |
| 2008 | -6.48 | -82.72% |
| 2007 | -37.5 | -18.61% |
| 2006 | -46.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Spok Holdings
SPOK | 7.81 | -123.20% | 🇺🇸 USA |
 eGain EGAN | 96.3 | -386.04% | 🇺🇸 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.