P/E ratio for Mogo (MOGO)
P/E ratio as of April 2024 (TTM): -0.5807
According to Mogo 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.580665. At the end of 2022 the company had a P/E ratio of -0.1073.
P/E ratio history for Mogo from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.1073 | -96.11% |
| 2021 | -2.76 | -24.79% |
| 2020 | -3.67 | 31.73% |
| 2019 | -2.79 | 164.07% |
| 2018 | -1.05 | -45.58% |
| 2017 | -1.94 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Navient NAVI | 5.65 | -1,072.27% | 🇺🇸 USA |
 OneMain Financial
OMF | 9.45 | -1,728.21% | 🇺🇸 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.