P/E ratio for DigitalBridge Group (DBRG)
P/E ratio as of May 2024 (TTM): < -1000
According to DigitalBridge Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.30965E+17. At the end of 2022 the company had a P/E ratio of -4.22.
P/E ratio history for DigitalBridge Group from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.22 | -59.05% |
| 2021 | -10.3 | 1150.33% |
| 2020 | -0.8250 | -58.14% |
| 2019 | -1.97 | -45.57% |
| 2018 | -3.62 | -80.1% |
| 2017 | -18.2 | -149.19% |
| 2016 | 37.0 | 46.93% |
| 2015 | 25.2 | -40.27% |
| 2014 | 42.2 |
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.