Atlis Motor Vehicles
AMV
#9683
Rank
HK$0.13 B
Marketcap
HK$3.91
Share price
-1.88%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Atlis Motor Vehicles (AMV)

P/E ratio on July 14, 2023 (TTM): -0.1022

According to Atlis Motor Vehicles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.102191.

P/E ratio history for Atlis Motor Vehicles from 2022 to 2022

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.