Solid Clouds
SOLID.IC
#10517
Rank
โ‚น0.21 B
Marketcap
โ‚น0.29
Share price
0.00%
Change (1 day)
-66.11%
Change (1 year)

P/E ratio for Solid Clouds (SOLID.IC)

P/E ratio at the end of 2024: -1.28

According to Solid Clouds's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.36885. At the end of 2024 the company had a P/E ratio of -1.28.

P/E ratio history for Solid Clouds from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-1.28-80.49%
2023-6.56-80.3%
2022-33.3-36.12%
2021-52.1

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.