Proterra
PTRA
#9724
Rank
โ‚น1.28 B
Marketcap
โ‚น5.66
Share price
0.00%
Change (1 day)
-98.84%
Change (1 year)

P/E ratio for Proterra (PTRA)

P/E ratio on October 19, 2023 (TTM): -0.0358

According to Proterra 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0358289. At the end of 2022 the company had a P/E ratio of -3.52.

P/E ratio history for Proterra from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.5280.82%
2021-1.95

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.