SoundThinking (ShotSpotter)
SSTI
#8351
Rank
NZ$0.23 B
Marketcap
$18.56
Share price
-0.35%
Change (1 day)
-31.93%
Change (1 year)

P/E ratio for SoundThinking (ShotSpotter) (SSTI)

P/E ratio as of October 2024 (TTM): -88.0

According to SoundThinking (ShotSpotter)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -88. At the end of 2022 the company had a P/E ratio of 65.1.

P/E ratio history for SoundThinking (ShotSpotter) from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202265.1-181.54%
2021-79.8-123.52%
2020339112.83%
2019159-227.79%
2018-1251463.48%
2017-7.98

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-47.52%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.