P/E ratio for SmartRent (SMRT)

P/E ratio history for SmartRent from 2021 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Urban Outfitters URBN	15.4	-414.04%	🇺🇸 USA
Gap Inc. GPS	84.7	-1,821.80%	🇺🇸 USA
American Eagle Outfitters AEO	18.7	-481.12%	🇺🇸 USA
Nordstrom JWN	115	-2,429.83%	🇺🇸 USA
Ross Stores ROST	32.5	-761.30%	🇺🇸 USA
TJX Companies TJX	34.3	-797.69%	🇺🇸 USA
Buckle BKE	9.26	-288.28%	🇺🇸 USA
Trinity Place Holdings TPHS	-0.0352	-99.28%	🇺🇸 USA
Guess GES	7.34	-249.33%	🇺🇸 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.