Global-e
GLBE
#2295
Rank
$5.82 B
Marketcap
$35.46
Share price
-3.01%
Change (1 day)
58.80%
Change (1 year)

P/E ratio for Global-e (GLBE)

P/E ratio as of December 2023 (TTM): -33.1

According to Global-e's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.1402. At the end of 2022 the company had a P/E ratio of -16.5.

P/E ratio history for Global-e from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-16.5-84.31%
2021-105

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.