Innovid
CTV
#7481
Rank
โ‚ฌ0.26 B
Marketcap
1,81ย โ‚ฌ
Share price
-1.52%
Change (1 day)
52.34%
Change (1 year)

P/E ratio for Innovid (CTV)

P/E ratio as of November 2024 (TTM): -5.95

According to Innovid's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.95312. At the end of 2022 the company had a P/E ratio of -11.4.

P/E ratio history for Innovid from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-11.483.08%
2021-6.23

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.