P/E ratio for Fisker (FSR)
P/E ratio as of April 2024 (TTM): -0.0540
According to Fisker's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.054006. At the end of 2022 the company had a P/E ratio of -4.04.
P/E ratio history for Fisker from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.04 | -58.15% |
| 2021 | -9.65 | -86.58% |
| 2020 | -71.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nikola NKLA | -0.3924 | 626.60% | 🇺🇸 USA |
 NIO NIO | -2.30 | 4,160.45% | 🇨🇳 China |
 The Shyft Group SHYF | 13.1 | -24,352.12% | 🇺🇸 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.