P/E ratio for Paysign (PAYS)
P/E ratio as of June 2024 (TTM): 185
According to Paysign's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 184.762. At the end of 2022 the company had a P/E ratio of 165.
P/E ratio history for Paysign from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 165 | -698.6% |
| 2021 | -27.6 | 9.74% |
| 2020 | -25.2 | -139.65% |
| 2019 | 63.4 | 26.15% |
| 2018 | 50.3 | 175.54% |
| 2017 | 18.3 | 76.53% |
| 2016 | 10.3 | -369.7% |
| 2015 | -3.83 | -211.8% |
| 2014 | 3.43 | -57.84% |
| 2013 | 8.13 | 22.14% |
| 2012 | 6.66 | -59.33% |
| 2011 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 OneConnect OCFT | -0.1872 | -100.10% | 🇨🇳 China |
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.