According to Vivakor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.75733. At the end of 2022 the company had a P/E ratio of -0.8420.
Year | P/E ratio | Change |
---|---|---|
2022 | -0.8420 | -95.7% |
2021 | -19.6 | -66.66% |
2020 | -58.7 | |
2009 | -4.25 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -138 | 7,726.93% | ๐บ๐ธ USA |
![]() | -26.9 | 1,433.50% | ๐บ๐ธ USA |
![]() | -17.9 | 916.15% | ๐บ๐ธ USA |
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.