AGBA Group
AGBA
#9619
Rank
ยฃ49.53 M
Marketcap
ยฃ1.05
Share price
14.75%
Change (1 day)
-79.12%
Change (1 year)

P/E ratio for AGBA Group (AGBA)

P/E ratio on December 18, 2024 (TTM): -2.33

According to AGBA Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.33333. At the end of 2022 the company had a P/E ratio of -4.03.

P/E ratio history for AGBA Group from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2022-4.03-129.23%
202113.8-117.49%
2020-78.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Oxford Lane Capital
OXLC
12.4-633.04%๐Ÿ‡บ๐Ÿ‡ธ USA
Oxford Square Capital
OXSQ
-18.2 680.00%๐Ÿ‡บ๐Ÿ‡ธ 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.