According to SOBR Safe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.655103. At the end of 2022 the company had a P/E ratio of -57.7.
Year | P/E ratio | Change |
---|---|---|
2022 | -57.7 | -94.64% |
2021 | < -1000 | 653.43% |
2020 | -143 | -88.19% |
2019 | < -1000 | 2095.3% |
2018 | -55.1 | 46.44% |
2017 | -37.6 | -48.78% |
2016 | -73.5 | 166.67% |
2015 | -27.6 | 264.07% |
2014 | -7.57 | -93.13% |
2013 | -110 | 55.56% |
2012 | -70.9 | -84.87% |
2011 | -469 | -397.5% |
2010 | 157 | -119.05% |
2009 | -827 |
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.