P/E ratio for PowerFleet (PWFL)
P/E ratio as of May 2024 (TTM): -27.4
According to PowerFleet 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -27.4211. At the end of 2022 the company had a P/E ratio of -7.91.
P/E ratio history for PowerFleet from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -7.91 | -11.54% |
| 2021 | -8.94 | -43.43% |
| 2020 | -15.8 | 38.42% |
| 2019 | -11.4 | -30.53% |
| 2018 | -16.4 | -36.04% |
| 2017 | -25.7 | 132.38% |
| 2016 | -11.1 | 92.37% |
| 2015 | -5.75 | -17.49% |
| 2014 | -6.97 | -24.17% |
| 2013 | -9.19 | -63.68% |
| 2012 | -25.3 | 92.59% |
| 2011 | -13.1 | 340.59% |
| 2010 | -2.98 | 10.55% |
| 2009 | -2.70 | -74.69% |
| 2008 | -10.7 | -43.55% |
| 2007 | -18.9 | -84.95% |
| 2006 | -125 | -157.87% |
| 2005 | 217 | -41.9% |
| 2004 | 373 | -1007.64% |
| 2003 | -41.1 | 97.14% |
| 2002 | -20.9 | 31.96% |
| 2001 | -15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Proofpoint PFPT | N/A | N/A | 🇺🇸 USA |
 PFSweb PFSW | N/A | N/A | 🇺🇸 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.