SmartRent
SMRT
#7433
Rank
NZ$0.52 B
Marketcap
$2.73
Share price
1.27%
Change (1 day)
-44.24%
Change (1 year)

P/E ratio for SmartRent (SMRT)

P/E ratio as of November 2024 (TTM): -4.49

According to SmartRent's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.48611. At the end of 2022 the company had a P/E ratio of -4.96.

P/E ratio history for SmartRent from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-4.96-72.35%
2021-17.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.0-456.93%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-364.57%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5-468.74%๐Ÿ‡บ๐Ÿ‡ธ USA
117-2,706.94%๐Ÿ‡บ๐Ÿ‡ธ USA
30.8-786.09%๐Ÿ‡บ๐Ÿ‡ธ USA
35.1-882.14%๐Ÿ‡บ๐Ÿ‡ธ USA
9.94-321.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0631-98.59%๐Ÿ‡บ๐Ÿ‡ธ USA
6.44-243.47%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.