Wrap Technologies
WRAP
#9094
Rank
HK$0.73 B
Marketcap
HK$15.07
Share price
-5.84%
Change (1 day)
-38.05%
Change (1 year)

P/E ratio for Wrap Technologies (WRAP)

P/E ratio as of January 2025 (TTM): -4.84

According to Wrap Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.8375. At the end of 2022 the company had a P/E ratio of -3.93.

P/E ratio history for Wrap Technologies from 2018 to 2023

2019202020212022202320242025-50-40-30-20-10100companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
2022-3.93-39%
2021-6.44-49.31%
2020-12.7-42.32%
2019-22.0-2.7%
2018-22.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-335 6,822.83%๐Ÿ‡บ๐Ÿ‡ธ USA
90.6-1,971.88%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.