P/E ratio for Priority Technology Holdings (PRTH)
P/E ratio as of May 2024 (TTM): -5.83
According to Priority Technology Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.83051. At the end of 2022 the company had a P/E ratio of -10.5.
P/E ratio history for Priority Technology Holdings from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -10.5 | -45.02% |
| 2021 | -19.1 | -200.57% |
| 2020 | 19.0 | -496.07% |
| 2019 | -4.80 | -77.78% |
| 2018 | -21.6 | -66.05% |
| 2017 | -63.7 | -61.77% |
| 2016 | -167 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | 692.06% | 🇺🇸 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.