Pagaya Technologies
PGY
#5262
Rank
$0.94 B
Marketcap
$13.31
Share price
10.09%
Change (1 day)
990.98%
Change (1 year)

P/E ratio for Pagaya Technologies (PGY)

P/E ratio as of June 2024 (TTM): -41.7

According to Pagaya Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -41.6897. At the end of 2022 the company had a P/E ratio of -1.37.

P/E ratio history for Pagaya Technologies from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.37

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.