Marathon Digital Holdings
MARA
#2836
Rank
$4.38 B
Marketcap
$16.07
Share price
0.06%
Change (1 day)
83.03%
Change (1 year)

P/E ratio for Marathon Digital Holdings (MARA)

P/E ratio as of May 2024 (TTM): -3.72

According to Marathon Digital Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.71991. At the end of 2022 the company had a P/E ratio of -0.5516.

P/E ratio history for Marathon Digital Holdings from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.5516-99.48%
2021-106279.58%
2020-27.91581.86%
2019-1.66188.26%
2018-0.5760-32.99%
2017-0.8595-5.93%
2016-0.9137-32.05%
2015-1.34-97.29%
2014-49.5481.77%
2013-8.51457.31%
2012-1.53

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-24.7 562.65%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.